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Why Tesla Motors Soared This Week

Tesla's stock has seen huge gains since its May 8 earnings report, thanks to -- of all things -- investors who had bet that the stock would crash.

By John Rosevear – May 19, 2013 at 11:01PM EST

Since its May 8 earnings report, Tesla Motors (TSLA +0.76%) 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.

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About the Author

John Rosevear
John Rosevear is a senior contributing Motley Fool auto analyst covering automakers and trends shaping the global auto industry. John’s tenure with the company spans 15 years covering auto stocks, mutual funds, and retirement investing. He is a former CNBC reporter who covered the future of autos, including electric vehicles and self-driving cars. Prior to The Motley Fool, he worked at Fidelity Investments in communications and investor education roles. He holds a bachelor’s degree in government from Cornell University. He once spent an entire day sitting on the floor of Peter Lynch’s office – with Lynch present.
TMFMarlowe

Stocks Mentioned

Tesla Stock Quote
Tesla
NASDAQ: TSLA
$385.67
(+0.69%)+$2.64

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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