Sat, 2020-02-08 01:42
NEW YORK: Pretty much everyone on Wall Street has an opinion about Tesla.
The electric vehicle maker’s stupendous rally in recent months has given shareholders something to cheer about, cost short sellers billions of dollars and vindicated legions of retail investors who have long adored Elon Musk’s company.
Tesla shares have climbed nearly 320 percent since early June, helped by the company's better-than-expected financial results and ramped-up production at its new car factory in Shanghai.
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