Why is Tesla stock up today?
Posted By John W. B. Rich Posted On Comment (3)

Nearly 49,000 Robinhood Accounts add Tesla

Nearly 49,000 Robinhood accounts added Tesla over the last 24 hours, as of 6:30pm eastern on Monday.

Tesla topped RobinTrack’s popularity chart as 48,836 traders added Tesla shares to their portfolios. Tesla hit an all-time high of $1,794.99 before finishing below $1,500 for the day.

Tesla is the 10th-most popular stock on Robinhood in terms of the number of accounts holding the stock (457,351).

Notably, Tesla $2,500 strike calls expiring Friday experienced a massive spike in volume. 55,645 of the contracts were traded Monday, compared to 41,651 for the next-closest among July 17 Tesla options (the $2,000 calls).

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