Tesla stock (NASDAQ: TSLA) hit an all-time-high again, dealing a sharp, painful blow to the company's short-sellers. On Thursday, the stock rose more than 4% to hit $2003 per share.



Tesla's current rally began after the manufacturer announced a 5-to-1 split last week. Each stockholder of record on Aug. 21 will receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on Aug. 28. Trading will begin on a stock split-adjusted basis on Aug. 31.

At the moment, Tesla's market capitalization is more than $372 billion.

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