Why Tesla Motors Soared This Week
Since its May 8 earnings report, Tesla Motors has seen its shares soar. Great news had a lot to do with that, of course, but so did another factor: investors who had bet against the stock.
In this video, Fool contributor John Rosevear explains how investors who had sold Tesla's stock short actually contributed to its rise -- and whether the stock's impressive run is likely to continue for a while longer.
Tesla's plan to disrupt the global auto business has yielded spectacular results. But giant competitors are already moving to disrupt Tesla. Will the company be able to fend them off? The Motley Fool answers this question and more in our most in-depth Tesla research available. Get instant access by clicking here now.
The article Why Tesla Motors Soared This Week originally appeared on Fool.com.Fool contributor John Rosevear has no position in any stocks mentioned. Follow him on Twitter at @jrosevear. The Motley Fool recommends and owns shares of Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.