For the start of 2020, Tesla has incurred unheard of growth since January 1st and has grown over 100%. In regards to return, Tesla withstood the largest one-day return by climbing 19.9% on Monday within a 6 year period. The problem with this growth is that the 12-month target was set at $493 per share. This per share price is 40% below what it is trading currently. Since the share has been increasing at significant levels, investors have began short-selling the stock in hopes of large decreases. However, TSLA has yet to decrease which promoted the downfall of short-sellers and a loss of $8 billion. The numerous short-sellers in the market are in result enabling Tesla to benefit by creating a large demand while shooting the shares higher than initially priced.
The Amphibious Barnacle 