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The Tesla Gigafactory Berlin-Brandenburg under construction on Feb. 21, 2021 in Germany. (Photo: Sean Gallup, Getty Images)
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Tesla might be the beneficiary of the GameStonks effect, at least according to analysts for the British bank and investment firm Barclay’s.
CNBC reported that Barclay’s told clients in a note on Tuesday that Tesla shares which hit a peak of nearly $US900 ($1,138) a share in January and are now hovering around $US680 ($860) appear to be at least somewhat correlated with mentions on r/WallStreetBets, the Reddit board which sparked off a massive short squeeze on GameStop and other struggling companies last month. It’s not exactly news that manyinvestors think Tesla may be overvalued or that it ....

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