Tesla Inc shares have been on a tear, rising by over 4% and extending its recent rally to approximately 24% over the past week and about 37% over the past month.
Easing U.S.-China Trade Tensions
The surge in Tesla’s stock price follows easing U.S.-China trade tensions and renewed investor optimism around the company’s robotaxi rollout and next-generation vehicle production. With the Trump administration rolling back tariffs, Tesla is reportedly preparing to resume shipping components from China to the U.S. for its upcoming Cybercab and Semi models.
Resuming Production Plans
The truce between the U.S. and China enables Tesla to restart production plans that had stalled due to 145% import duties. Trial production of the Cybercab is expected to begin in Texas by October, with the Semi set to be built in Nevada.
Analyst Insights
Wedbush analyst Dan Ives has named Tesla a “huge beneficiary” of the U.S.-China de-escalation, adding that CEO Elon Musk’s renewed focus marks a “pivotal moment” for the company. Ives also pointed to the U.S.-Saudi Investment Forum in Riyadh, calling it a “bullish eye-opener” for investors in U.S. tech stocks, including Tesla.
The AI Revolution
Ives noted that the AI Revolution is coming to the Saudi Kingdom, and Riyadh will be a major buyer of AI chips, software, autonomous/robotics, and data centers over the next decade. This development is expected to have a positive impact on Tesla’s stock price.
Federal Scrutiny
Meanwhile, Tesla faces federal scrutiny ahead of its planned June robotaxi launch in Austin. The National Highway Traffic Safety Administration is seeking details on how Tesla’s autonomous vehicles will operate in low-visibility conditions like fog and rain. Despite this, CEO Elon Musk remains confident, projecting “millions of robotaxis” nationwide by year-end.
Growth Narrative
The Cybercab and robotaxi initiatives have been central to Tesla’s growth narrative, especially as the company rebounds from a weak first quarter. With the company’s stock price soaring, investors are taking notice of Tesla’s potential for long-term growth.
How to Buy TSLA Stock
Besides going to a brokerage platform to purchase a share of stock, you can also gain access to shares by buying an exchange-traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument. For example, in Tesla’s case, it is in the Consumer Discretionary sector, and an ETF will likely hold shares in many liquid and large companies that help track that sector.
Stock Performance
According to recent data, TSLA has a 52-week high of $488.54 and a 52-week low of $157.40. Tesla shares were up 4.07% at $347.66 at the time of publication. With its stock price continuing to rise, Tesla is an exciting company to watch in the tech industry.