Tesla Stock Bounces Back As Cybertruck, New Model 3 Excitement Take Over; Is TSLA’s Slide Over?

News Snapshot:

Tesla (TSLA) stock jumped Monday after six consecutive losses, as excitement around the Cybertruck and an upgraded Model 3 vehicle in China seems to be growing. X TSLA jumped 5.3% in Monday market trade after Baird analyst Ben Kallo outlined several catalysts for the stock in the second half of the year. Kallo wrote Monday that vehicle price cuts and pressure on Tesla's gross margins will continue to be the main story for the global EV giant. However, Kallo added TSLA could be propelled higher by the Cybertruck launch — expected to be in Q3 — and other factors. Baird...