Why Tesla, a once-popular short, powered up stock exchange – Wall Street Journal

Tesla has become one of the most watched names on Wall Street, with its soaring share price making Elon Musk richer than Warren Buffett.
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Tesla has come a long way since its inception in 2003, and with its growth we've seen Musk's eccentric personality bring rapid peaks and troughs to stock prices. In 2018, Musk tweeted he was going to take Tesla private at $420 per share. The tweet got him in trouble with regulators, which said it was a reference to marijuana culture. Now the most valuable car manufacturer in the world, Tesla's fundamentals don't explain the rise, with runner-up Toyota selling almost 25 times as many vehicles. The Wall Street Journal looks at the Tesla share price trajectory. – Nadim Nyker

Gunjan Banerji, WSJ Markets Reporter: I don't think any other stock has captivated investors on Wall Street or Main Street the way Tesla has. It's just become one of the most controversial names and one of the most watched names out there.

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