Financial Engineering might be a good reason. Most of the buy side analysts and fund managers rely on financial metrics and Elon is very good at cooking books. Also, stock price has nothing to do with performance of company as we have seen in GameStop and other companies. My bet is that TSLA stock is moving up by forcing short sellers and call writers to force close their positions by some private market force most probably fueled by Elon tweet farm. In turn creating momentum upwards. It is very contradictory, but I feel TSLA stock will fall if the short sellers stop shorting and call writers stop writing this stock. And stop being bag holders of this stock.