The surge is due to irrationality of missing out and huge short squeeze. Shorts lost 2.5 billion yesterday alone. if Einhorn still kept his position, he is badly hurt after yesterday and today for example. No fundamentals warrant 50% surge over 5 days. Stock will be below $600 in not too distant future.
All I read in this thread is people who can't trade parabolic blowoffs aka TLRY in 2018. Fundamentals? You derps.
I think the price includes a blue sky premium for autonomous driving cars and taxis. I think they have a big regulatory hurdle there.
Huge volumes. Yesterday was 47 millions and today is already about 44 millions. Price is doubled within a month, $926 now and 451 on Jan 6th. Prices run almost like Bitcoin, except TSLA got real and super products.
$32 billion in market added today...this is ludacris. No way this can continue...at the rate this stock is moving it would be worth over 3 trillion by the end of this year!!!
And you think it can double again? They sell under 400,000 cars a year and you believe this warrants a market cap that's higher than ford and gm combined