That ain't because PEOPLE are buying it.
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Yahoo Finance
https://finance.yahoo.com › news › tesla-erases-steep-2...
6 days ago —
Tesla stock rose on news that CEO Elon Musk committed $1 billion of "his
own money" to the purchase of new shares.
Tesla stock rose on news that CEO Elon Musk committed $1 billion of "his own money" to the purchase of new shares.
Musk's considerable investment in Tesla came to light after it was disclosed in a regulatory filing on Monday.
He purchased the stock on Friday, Sept. 12, acquiring approximately
2.75 million $TSLA shares, priced between $372 and $397 each at the time the sale was executed.
How convenient.