Tesla shares (TSLA) made a run at record highs early Friday in a burst of optimism following an upgrade by Deutsche Bank.
But the stock struggled to hold the $130 level as the morning wore on, sparking a debate on StockTwits over how much the electric car maker is worth.
The sky's the limit, say the bulls.
Why stop there?
Hold on a second, let's not get carried away.
After a spectacular run this year, Tesla shares have been volatile as investors await the company's second-quarter report next month.
The 10-year old company, founded by tech entrepreneur Elon Musk, is expected to narrow its losses to 17 cents per share, which would be a marked improvement over the 89-cents-a-share loss in last year's second quarter.
That's typical of the kind of emotions investors have for Tesla. They seem to either love it unconditionally, or hate it with a passion.
Wall Street analysts are also very divided.
Friday's upgrade from Deutsche Bank comes little more than a week after a bearish report from Goldman Sachs sent Tesla shares down 14% in one day.
Of course, Tesla's stock bounced back the day after Goldman's report came out, as new buyers took the opportunity to get back in.
Investors can't seem to get enough of Elon Musk, but the Tesla CEO's announcement failed to generate much excitement on Monday.
Will publish Hyperloop alpha design by Aug 12. Critical feedback for improvements would be much appreciated.— Elon Musk (@elonmusk) July 15, 2013
Musk has been talking about the hyperloop, an idea for a rapid transportation system, for about a year now, but details have thus far been limited. At the recent D11 MOREHibah Yousuf - Jul 15, 2013 2:59 PM ET
Tesla's stock soared into record territory Monday after the electric car maker received another upgrade from Wall Street analysts.
Tesla (TSLA) shares ended the day at a record $117.18, gaining more than 9%.
The rally came after analysts at Jefferies raised their price target to $130, saying the company is likely to report stronger-than-expected sales of the new Model S this year.
Tesla's stock price has exploded. It's gained a whopping 240% in the past MOREBen Rooney - Jul 1, 2013 4:45 PM ET
Shares of Tesla Motors drifted higher Tuesday ahead of the electric car company's annual shareholder meeting.
Tesla (TSLA) shares have surged more than 180% this year, although the stock has pulled back from a high above $110 last month.
Investors are keeping an eye on the meeting for any announcements that could drive the stock back up, but so far the news has been pretty dull.
Tesla executives apparently discussed the company's warranty MOREBen Rooney - Jun 4, 2013 3:30 PM ET
Ford is in focus, and investors like what they see.
The American car manufacturer's stock rose 3% to a new 52-week high Tuesday, and is up 18% for the year.
Ford (F) recently told investors that it plans to roll out more vehicles by expanding its U.S. manufacturing capacity.
Analysts at JPMorgan (JPM) told investors Tuesday that they think the stock has room to run to $16 from a little over $15 now.
The automaker MOREMaureen Farrell - May 28, 2013 1:09 PM ET
Investors can't seem to get enough of Elon Musk.
Just take a look at SolarCity (SCTY).
Shares of the Musk-backed solar energy company rallied 16% Monday.
Shares took a hit last week after the company reported a wider-than-expected first-quarter loss. But the stock quickly bounced back after SolarCity reached a deal with Goldman Sachs (GS) to finance $500 million of solar projects.
Investors on StockTwits were quick to jump on the Musk bandwagon.
Tesla shares did something on Friday that they don't often do. They fell.
The stock was down nearly 3% in late morning trading even though Tesla (TSLA) announced that it was boosting the size of its secondary offering. Earlier this week, the electric car maker said that proceeds from this stock sale would be used to pay back the terms of a loan from the Department of Energy.
Still, it's understandable why MOREPaul R. La Monica - May 17, 2013 11:28 AM ET
Talk about a warm-up.
Investors can't seem to get enough of companies that harness the sun's power. Shares of SolarCity (SCTY) soared to an all-time high of $31.89 on Monday.
The company has only been public for five months and shares have nearly quadrupled from their $8 IPO price back in December.
Related: SolarCity CEO talks the future of solar power
SolarCity, which installs solar panels, is still among the smaller players MORECatherine Tymkiw - May 13, 2013 11:24 AM ET
Tesla is on a roll.
Shares of the electric car maker rallied to a new high Tuesday, just days before the company is set to report its first profit ever.
Tesla (TSLA) offered up a preview of that report earlier this month, saying sales of its all-electric Model S were exceeding expectations.
The Model S is a full-size, four-door luxury sports sedan. While it was unveiled in 2009, it wasn't available until last MORECatherine Tymkiw - Apr 30, 2013 11:12 AM ET
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.
Tesla may be the Apple of the auto business. By that, I mean it's a company that's disrupting an entire industry ... not that it's a stock going nowhere fast.
When you look at Tesla (TSLA) MOREPaul R. La Monica - Apr 23, 2013 1:09 PM ET
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