Tesla gains 4% to extend Q3-powered rally after best single-day gain in a decade; Nasdaq up 1.29%

Tesla gains 4% to extend Q3-powered rally after best single-day gain in a decade; Nasdaq up 1.29%

Tesla stock continued to rally on Friday as the US markets opened, rising 4.43 per cent. Tesla shares listed on the Nasdaq index recorded an uptrend after the company reported a 17 per cent rise in third-quarter profits. Tesla shares opened at $257.69 when trading started at 09:30 am EDT. At 09:58 am EDT, they … Read more

Tesla share price jumps 10% as Musk’s pledge to build affordable cars allays growth concerns

Tesla share price jumps 10% as Musk's pledge to build affordable cars allays growth concerns

Tesla shares experienced a premarket surge of approximately 10.5% on Wednesday, following reassuring announcements from the electric-car manufacturer, according to news agency Reuters. These announcements included optimistic sales projections for the year and plans to introduce more affordable models by early 2025, alleviating concerns about slowing growth. Investors had been anticipating negative news after a … Read more