Tesla has reached a new all time high after surpassing $2000 per share for the first time. It now has a market cap of $380+ billion.
I believe short sellers panicked and bought the stock to cover their position as the stock has soared 50% in two weeks. Battery day should have some very enticing announcements after they decided to split the stock.
Tesla 5 for 1 stock split has energised this parabolic rally from lows of $350 per share in March, to $2080 at the time of this upload.
Elon Musk has short sellers running for cover.