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Tesla stock explodes higher again, topping $900 per share

finance.yahoo.com

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Re: Tesla stock explodes higher again, topping $900 per share

#8
post #5
post #4

Fantastic. While I don't care about cars, Elon Musk getting richer will be good for space exploration.

So far he didn't do much space exploration, more like space littering

He's massively decreased the up front cost to doing anything-space by spending billions in R&D.

Re: Tesla stock explodes higher again, topping $900 per share

#9
This is a short squeeze. The people that shorted the stock are buying the stock to close their position and forcing the stock up. This has happened with Tesla before. The stock went from the 40s to over 100 in a very short time and never looked back. The stock will find a top and collapse a bit. But the stock price will end up higher than when it started the run. Those that shorted the stock before the run will never get even. Ouch!
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