Tesla, the Triple-WTF Chart of the Year: Just Put Your Brain on Tesla Autopilot and Believe in It

by Wolf Richter
Wolf Street

I’m in awe of how a tiny automaker with less than 1% global market share is a Supernatural Phenomenon and the 7th most valuable US stock.

Let’s get this straight: Tesla is led by a CEO who is regularly seen walking on water, and its shares are a supernatural phenomenon. Today, those shares, trading for the first time after the 5-for-1 split, surged from $442.61 at the open to $498.32 at the close and then on to $514.74 after-hours at the moment. That’s a 16.3% ride in one day, following weeks of supernatural moves into the heavens.

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