The fact that Tesla shares are setting higher highs speaks volumes, while the high proportion of analysts calling the stock a screaming buy cannot be ignored.
Tesla co-founder JB Straubel launched Redwood Materials in 2017 to help the industry shift away from mining minerals and bolster the EV industry's sustainability.
Tesla stock is up 6.6% after news of a federal regulatory framework for autonomous vehicles causing one analyst to raise their price target for TSLA stock
PayPal Holdings and Tesla are publicly traded companies linked to billionaire Elon Musk, who has made headlines this year for his outspoken political activism.
Elon Musk endorsed former President Trump minutes after the failed assassination at a rally in Pennsylvania and says two attempts have been made on his life while living in Texas.
Tesla's chairperson of the board of directors sent a letter to Tesla shareholders, warning them that the company could lose Elon's attention if they don't approve his pay package.