Tesla stock now exceeds that of any other car company in the world, as well as Coke and Disney.
Tesla has had a fantastic financial year this far. In fact, in 2020, the value of Tesla stock went up by 200%, meaning it now exceeds that of any other car maker on the planet, as well as Disney and Coke. Of course, Elon Musk couldn’t just celebrate with a bottle of champagne. Musk released Tesla shorts as a way of making a comment on those who shorted the company. Shorting refers to a practise where investors bet on a company’s failure. The shorts were on sale for $69 and sold out within minutes. In fact, so much traffic came to the site that it crashed.
