Hype clearly had a massive hand in this... but the stock price had been suppressed for so long (around the 200-300 mark) by short sellers. It was the 2nd most shorted stock (after Apple) and so a bunch of those price gains occurred through several short squeezes (which of course fueled the hype train even more).
Personally I'm super long on Tesla but we'll see how that all plays out.
Yeah, that's also a factor to consider. I also think the fate of the company stock is their to lose at this point. They have enough hype supported by a couple of good quarters and they can build on that. Let's see.👍