Tesla had a roller coaster week to begin February, with the stock swinging hundreds of dollars in both directions as it set several new records.
and others rushed to cover their negative bets on the controversial stock.
But uber-bullish forecasts have been made before in the stock. Why such a big move now? That's still unclear. Animal spirits have seemed to take over. Or perhaps it's just a giant short squeeze? "In our experience, we've never seen a stock rise that much that fast with such little regard to past fundamentals or track record," Needham analyst Rajvindra Gill wrote in a note to investors titled "Irrational Exuberance Hits All Time High."
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