Tesla is riding a record high, but some of its investors decided to make a surprising move: opting to sell just as the price climbed near $1,000 a share.Last week, after experiencing a surge throughout January, the electric car company founded by Elon Musk saw its stock rise to $968.99. The result of two consecutive quarters of healthy profit, it was also encouraged by what experts believe to be large amounts of short covering tied to strong revenue and the opening of the company’s new China factory, according to Yahoo! Finance.”What we saw as Tesla hit all-time highs [last week]—as …read more
Source:: Yahoo Finance
