(This story is for CNBC Pro subscribers only.)
Tesla's meteoric rise in 2020 has stunned many on Wall Street, and Credit Suisse summed up four major factors driving the electric car-maker's head-turning rally.
Shares of the Elon Musk-led company have soared an incredible 460% in 2020, though they were lower on Wednesday. Its rally only gained steam after the company announced its 5-for-1 stock split, which doesn't have any impact on the fundamentals. Amid the record run, Tesla said Tuesday it will sell up to $5 billion in new shares.