I made the joke on Friday that TSLA is nearing the price where he last decided to dump stock on the market:
And the news around that time, was pure fincom. His ballooning personal wealth was making a mockery of the uber rich guy club that he had recently ditched, entering a new uncharted stratum of opulence:
Now the stock is surging, why? Because his new bestie is in charge? I’m sure the Tesla fan base has a slew of reasons for why things are suddenly so much brighter today than yesterday, but the reality is more like what this Teslarati story said in plain English:
“analyst perception that the company’s story is changing in a big way”…… which then cites the ‘analyst’ as Dan Ives, a disgustingly shameless giga tech shill who has had his run-ins with the SEC over fraudulence.
Frankly, the market is boiling over. Everything folks are short is rallying while the most speculative areas of markets are spiking, and of course the options crowd is batting TSLA around like a cat with ball of yarn:
