Business Insider -
11 Jan 2020 16:28

AP Photo/Jae C. Hong In August 2018, Tesla CEO Elon Musk tweeted that he had secured funding to take Tesla private, at $420 per share — a goofy reference to pot-smoking culture. The tweet prompted an SEC investigation and an eventual $40 million settlement by Tesla and Musk. Tesla didn't go private at $420. But after the stock cratered in 2019, it staged an epic year-end rally that put $420 in the past, obliterated short sellers, and gave bulls $500 per share to salivate over. Sign up for Busi...
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