For a short period from the spring of 2020 until November of last year, when Tesla (TSLA) made massive gains, one of the most noticeable things about the stock was its resilience. Nothing moves in a straight line, and of course there were some bumps along the road, but the climb from a split-adjusted level just above $20 to over $400 was a remarkable thing. Perhaps the most remarkable thing about it was that TSLA showed such resistance to bad news along the way. There were some hiccups in the production growth schedule, some serious supply constraints, and the usual stories about self-driving Teslas in crashes and the like, and yet the stock still gained over 2000% in two and a half years.
Read more here: https://www.nasdaq.com/articles/why-tesla-tsla-can-continue-its-bounce
