Higher Oil Prices Could Spark A Bull Run For Tesla

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Higher Oil Prices Could Spark A Bull Run For Tesla

Tesla's (NASDAQ: TSLA) share price began 2022 at a near-record $1,200 after record quarterly deliveries of its electric vehicles (EVs). However, rising inflation and Omicron worries saw it fall to $764 by 23 February. Then  began its invasion of e, and Tesla shares rocketed to $880 on 2 March as the implications for oil were laid bare. Now trading at $824 a share, the time could be ripe for a new bull run. What is happening to Tesla's share price? Right now, Brent Crude is at $129 a barrel. For context, the benchmark averaged...

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