Tesla Up 5%
Tesla Up 5%

On Friday, Tesla climbed as much as 8.4%.

That's the 11th straight day of gains as the automaker's massive rally continues into the new year.

The billionaire investor Chamath Palihapitiya said Thursday that Tesla's market cap stood to triple from its already lofty levels.

Investor Michael Burry told Tesla bulls in a tweet on Thursday that they should enjoy the rally "while it lasts."