Once again, the shorts are getting burnt....boy is this getting "old". Tim Seymore says valuation is crazy high. http://www.cnbc.com/timothy-seymour/
CAKE will be a good short (very soon). Up $3 AH's...I gotta do some DD, but it'll be a good one on any strength I suspect.
As I have so humbly noted previously, Elon Musk is a genius and to bet against him you will come up short in the long run.
This is not a bet against him, it's simply a bet against an outrageous valuation of a stock.... that's all. Up till now, Elon has done a superb job of gunning the shorts. However, that's not going to last IMHO.
The cars may be nice but the only thing propping up this company up is the carbon credits they get and sell. Once these credits are no longer there after they produce a target number of vehicles, the snake oil salesman and his company are probably toast.