$Tesla(TSLA.US)$shares hit a record high of $1,243.49 per share on Thursday.
Who is selling Tesla stock?
Popular money manager Cathie Wood's investment firm Ark Invest sold more shares in Tesla, and including the latest sale Ark Invest has sold about $1.44 billion worth of shares in Tesla since the start of September.
Tesla board chair Robyn Denholm exercised options to 25,000 shares on Monday, sold all of the stocks on the same day. His options would expire in June next year, were exercised at $52.38 per share, sold at up to $1,147.3 each.
Is it a good time to short Tesla?
Tesla is now up a whopping 52% in the past month, adding about $400 billion to its market cap. The extreme move comes after a 2 billion deal to sell 1,000 Model 3 to $Hertz Global Holdings, Inc.(HTZZ.US)$.
DataTrek Research co-founder Nicholas Colas said it's understandable that short sellers may see an opportunity to short Tesla stock after its extreme move higher.
In fact, Tela has outperformed the S&P 500 by about 77% in the past 100 days, a performance that may seem like an opportunity for a mean reversion trade at first glance.
Don't short Tesla here. Crazy as it sounds, the stock's recent rally is pretty normal action for this name.”
—— Colas said in a Tuesday note
Traders' movements in Oct. showed that Tesla's rally isn't over: click here.
Mooers, do you think whether or not Tesla stock is too expensive now?

$Ocugen(OCGN.US)$ so many catalyst in the horizon for Ocugen. I think it will really go high. once WHO approves then all will come one by one. 🤩🤩🤩

This is something that I would like to highlight to the team. I really hope that there can be a solution to reflect the actual correct diluted cost.
1) Issue 1: Currently, when there is a selling of partial number of shares, the reflected remaining diluted cost is wrong. This is especially evident when there are alot of buy and sell tradings involved in the share. Even though, I may be making a loss but due to the wrong data shown in the diluted cost, the app shows that I am still making a profit. (not true at all)
2) Issue 2: Can the profit picture also truly reflects the cost and comission fee so that it will not project a higher profit for us? Thanks. In fact, I earn less than what it shown.
@Team moomoo