TSLATesla, Inc.
447.89
+12.33%
Past
What happened
Tesla rocketed 12.3% to $447.89, leading the S&P 500 as EV stocks broadly rallied. Lucid and NIO also jumped 9% and 7% respectively.
Why
Why it matters
The EV sector is catching a bid from two angles -- Ford's strong results legitimize the space, and Trump's China trip raises hopes for reduced EV tariff barriers.
Watch
What to watch
Tesla China sales data this week is the near-term catalyst. The stock needs to hold above $430 to confirm the breakout from its recent range.
HEADLINES