16 months after Elon Musk lied that he had secured funding for a $420 private takeover of Tesla, a tweet for which he was later punished by the SEC with a truly painful wristslap and ordered to pay some pocket change...

Am considering taking Tesla private at $420. Funding secured. — Elon Musk (@elonmusk) August 7, 2018

... it's official: moments ago TSLA stock price hit $420 and no fake LBO was required, just one of the most vicious short squeezes since the infamous Volkswagen widowmaker.

It get's better: the day's high so far is $420.420, almost as if someone had a rather twisted sense of humor, and a large sell order at that price.

Predictably, there was a perfectly appropriate comment from Musk tweeted moments after the stock price was reached:

Whoa … the stock is so high lol — Elon Musk (@elonmusk) December 23, 2019

Oh, and speaking of Volkswagen, Tesla is now just 10% away from overtaking the German auto giant as the world's second largest car stock by market cap!