Elon Musk defies gravity. Forget his rocketeering venture. He has launched shares in Tesla into space instead.

They have risen almost three fifths since the entrepreneur lit the blue touch paper with forecast-beating full-year results last week. This is an incredible jump, even by the volatile standards of Tesla and its founder. How do we account for it?..

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now