It looks like someone is trying to build a position and shares aren’t available to do it without running the price up. The first trade this morning is a gap with 1000 shares??? Please.
February is off to a good start for Tesla CEO Elon Musk. Short-sellers entered a new world of pain on Monday as shares surged more than 19 percent, eclipsing $700 for the first time following a slew of positive commentary from Wall Street. The percentage gain was the largest since May 2013, as tracked by the Dow Jones Market Data Group and a fresh all-time high. Short-sellers, or traders betting against a stock in the hope that its price will fall, were saddled with $2.47 billion of losses on Monday when shares were trading at $752, according to the financial-analytics firm S3 Partners. They have now lost more than $8.3 billion this year. That pain may increase as the stock approaches the $800 level.