After a multi-day winning streak, You’re here (NASDAQ:TSLA) the stock has now ended the week slightly in the red. Still, although stocks fell today, investors have plenty of reason to believe Tesla will soon return to softer roads. The electric vehicle (EV) innovator has seen mostly good news over the past few days; Tesla is now delivering electric vehicles from its Gigafactory in Berlin and is currently enjoying some exciting updates.

Sure, Tesla raised vehicle prices last week, but that didn’t send stocks tumbling as some feared. Of course, media coverage of the company has been quite mixed. But it seems that the good news has more or less overshadowed the bad.

As stocks have risen this week, enthusiasm for Tesla has also increased. Now, TSLA stock is among the hottest names on Reddit r/WallStreetBets. Let’s take a closer look at what happened with Tesla and its fans this week.

TSLA Stock News: Top Headlines of the Week

Elon Musk: Tesla aims to complete Cybertruck development this year for production in 2023

This week, an announcement from CEO Elon Musk likely sparked even more interest for anyone who follows Tesla. Fans and investors were already excited about the day of delivery from the Berlin Gigafactory. Attendees were able to watch Musk’s dance, but they also received some good news about the long-awaited Cybertruck. According to the CEO, Tesla hopes to begin production of the EV model as early as 2023, having concluded design work this year. This kind of buzz should help keep TSLA’s stock high as more updates on the Cybertruck and Roadster are revealed.

Tesla’s winning streak reaches 8 days. Not all stock movements make sense.

This headline sums up an important reminder for investors intrigued by Tesla’s recent growth spurt. Of course, some of the recent TSLA stock footage “does not appear to align with fundamental revelations about the company or the electric vehicle market.” As Barrons Lead writer Al Root acknowledges, however, that this type of phenomenon is not necessarily a reason to be skeptical of the title’s durability. A stock movement is not always correlated to specific catalysts. To that end, TSLA stock has proven to have the power to rise unexpectedly. Given the recent momentum, it is also likely to continue to climb.

Tesla “entering a new phase of growth” according to an analyst

TSLA stock received favorable coverage from many analysts. Recently, CFRA’s Garrett Nelson touted the stock as a secular growth play that investors shouldn’t ignore. Nelson said Yahoo! Finance that the EV innovator is about to enter a new phase of growth, citing the company’s two new factories. According to the analyst, Tesla will begin to significantly increase production, which in turn will send even higher revenues. Nelson has a price target of $1,250 for the stock.

Tesla spends least on ads, most on R&D: report

One thing Tesla has proven is that a powerful brand is sold. This week, StockApps reported that the company does not advertise. According to the report, this allows it to allocate more funds to research and development. For investors, these results are win-win. In an age when companies sometimes spend billions of dollars on ads, Tesla can focus on building and developing its technology, bringing its products to market faster. This is a competitive advantage that is not always taken into account when investors analyze TSLA stocks.

Tesla could take over the European electric vehicle market

So far this year, Tesla has worked hard to secure a share of the European electric vehicle market. According to the wall street journal, he went well. London-based finance writer Stephen Wilmot sees Tesla as ushering in a new wave of transportation in Europe. Previously, Tesla had to “rely on imports from China” for its European electric vehicles, but the establishment of the Gigafactory in Berlin has the potential to shift the market in favor of the company. Tesla products were well received in Europe before the factory opened. Now the company has the ability to produce and distribute cars built in Europe for the people who live there.

Why is Tesla’s Autopilot feature so controversial?

Tesla’s battle with full self-driving (FSD) technology has been long and well documented. This week, Newsweek addressed the ongoing controversy surrounding enterprise automation goals. Some believe Tesla is introducing drivers to a type of technology they are not ready for. Others say the introduction of FSD in major cities could pose a serious risk to citizens. However, while the company has had to recall vehicles before due to automation issues, bad news never dragged TSLA’s stock down for long.

At the date of publication, Samuel O’Brient held (neither directly nor indirectly) any position in the securities mentioned in this article. The opinions expressed in this article are those of the author, subject to InvestorPlace.com Publication guidelines.