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Musk Meme Traders Blaze Back Into Tesla When the Stock Hits $420

Musk Meme Traders Blaze Back Into Tesla When the Stock Hits $420
Bloomberg Markets Wednesday 01 July 2026, 19:41 UTC By Jordan Fitzgerald 1 min read
Key Points

Musk Meme Traders Blaze Back Into Tesla When the Stock Hits $420 Crossing $420 gets Tesla Inc. investors sparked up. At least, that’s what data from Vanda Research show: The sum of five-day retail net buying picks up on average from $87 million to $135 million whenever the price moves above the cannabis-linked level, Vanda global macro strategist Viraj Patel said.

Musk Meme Traders Blaze Back Into Tesla When the Stock Hits $420 Crossing $420 gets Tesla Inc. investors sparked up. At least, that’s what data from Vanda Research show: The sum of five-day retail net buying picks up on average from $87 million to $135 million whenever the price moves above the cannabis-linked level, Vanda global macro strategist Viraj Patel said.
Tesla Inc. (ORG) Vanda Research (ORG) Viraj Patel (PERSON)
Originally published by Bloomberg Markets Read original →

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