Any chance someone is manipulating this? I don't know enough about stocks to know warning signs on this.
No, unlikely. This can happen when there is a lot of short interest in a stock (haters) but also positive results and fans. The shorts come in then have to buy to cover on good news. That boosts it up. Repeat. Maybe once everyone is convinced it’s going to 2009 it will finally settle down. I swear there was a rotation today from oil into Tesla.
I wonder if all of the electric car ads on the Super Bowl helped push it too. Pretty clear that's the push from car companies
The only thing that will stop electric car proliferation is stalling of cost reductions in batteries. But I don’t think we’ll see that.
Last 5 days has moved like $400. That's a bubble. If this wasn't Tesla, I'd say someone doing a pump and dump.
Tesla is taking preorders on their spaceship looking 50k car. Wonder if that has anything to do with it.
This article lists key reasons for recent surge. Doesn't mean they're commensurate with current price, just some of the 'why'. Here’s Why Tesla Stock Just Surged Past A Record $900 Per Share
I can see it, but think it will stabilize closer to 7. Maybe 680ish. Understand the short trepidation. TSLA is just a weird ass stock.
talking about the present reality of electric vehicles to people, it is apparent that most don't realize how competitive and practical they are right now. some still think this is future shit. So while I wouldn't drop 700 to get a share, I don't think it is the craziest thing one could do either if you aren't gonna need that money for awhile.
I feel we're still a decade away. Tesla got us that close. Until gas stations along the interstate work out charging, they just aren't practical outside the city. And cities have public transportation.
I don’t ever buy single stocks but as just a technology company I believe in him and his company long term.
if you are short the stock and don't have enough money to cover your losses you have to buy it wherever it's trading.