Behind Tesla share price surge: short, long investors clash. The Wall Street Journal

Some Tesla investors are buying options that would pay out if the share price climbed to $700 or even $1,000, but others are betting against the stock in droves.
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Some Tesla investors are buying options that would pay out if the share price climbed to $700 or even $1,000, but others are betting against the stock in droves. So say The Wall Street Journal's financial journalists, who report on an investor clash behind Elon Musk's sustainable cars' stock. Tesla – and its main driver, South Africa born Elon Musk – has had analysts blowing hot and cold over the tech company. This is partly because Musk is unpredictable as are the annual results figures that flow out of Tesla, with analysts regularly caught by surprise. And Musk likes playing games with those who take a punt on Tesla stock, having previously sent mischievous Tweets out about the direction of the company. Nevertheless, for some Musk has cult-like status, with The Wall Street Journal telling how one investor has had a T tattoed in acknowledgement of his enthusiasm for Nasdaq-listed TSLA. – Jackie Cameron

___STEADY_PAYWALL___

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