TSLA has a ton of retail investors, which definitely helps prop up the price, but there are definitely institutional investors as well. Everything is expensive

TSLA has a ton of retail investors, which definitely helps prop up the price, but there are definitely institutional investors as well. Everything is expensive these days, so one of the few ways to generate alpha is to buy the right 'priced to perfection' companies, and for some reason (that I personally can't comprehend) TSLA has a lot of savvy investors going long. That being said, the short interest on this stock is incredibly high, making it very pricy to bet against the company.