Ten Thousand Day Traders an Hour Are Buying Tesla Shares

(Bloomberg) — Robinhood users can’t get enough of Tesla Inc.Almost 40,000 Robinhood accounts added shares of the automaker during a single four-hour span on Monday, according to website Robintrack.net, which compiles data on the investing platform that’s much beloved by day trading millennials.The one-day return may not have turned out so well. Tesla was up as much as 16% at one point before paring gains through the day and finishing 3% lower. It was a rare losing day for the high flying stock, which has surged 56% over the past 10 days.All told this year, Tesla’s market cap has surged …read more

Source:: Yahoo Finance