Shares of Tesla rallied again for the fifth consecutive day, seeing a 7% surge on Tuesday, closing at $449.76 USD per share, after reaching up to $461.94 on the day. Tesla’s market cap currently is at $419 billion.
Keith Temperton, sales trader at Forte Securities, told Reuters, “That’s given ammunition for the bulls again.”
“The battery side is critical for what happens to Tesla. Otherwise it’s literally just another carmaker. If that proves to be a game-changer, then the stock goes higher again,” said Temperton.
Tesla continues to extend its efficiency lead in China. The Model 3 and Model Y once again ranked as the two most efficient vehicles in a new real-world energy consumption test conducted by Chinese automotive publication Autohome, which placed dozens of EVs under identical, controlled conditions to evaluate their true high-speed consumption (via Sina News). Autohome […]
Tesla has quietly pulled in another major AI hire — this time straight out of Apple’s ranks. In social media posts over the weekend, former Apple engineer Yilun Chen announced he has officially joined Tesla’s Optimus AI team, capping off nearly four years at the Cupertino giant working across hardware, engineering, research, and early-stage product […]
A Tesla Cybertruck owner is turning heads across the EV community after sharing proof that his truck drove more than 1,200 miles entirely on its own using Full Self-Driving (Supervised). The owner, who goes by @brunitatoiu on X, posted screenshots from Tesla’s new Self-Driving Stats interface — introduced with FSD v14.2 — showing 1,285.8 out […]