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Why Tesla Stock Popped Thursday
Tesla ( TSLA +4.26%) stock jumped 4.5% through 1:45 p.m. ET Thursday on some apparently bad news -- that might turn out to be good news for Tesla stock, and for SpaceX stock, too ( once SpaceX IPOs ).
Tesla stock rebounded strongly early Thursday following a volatile prior session that saw the stock swept up in a broader selloff tied to artificial intelligence-related names. Shares of the electric-vehicle maker were up around 5% at $490.
TSLA shares dropped 73.6% from a peak of $409.97 on November 4, 2021, to $108.10 on January 3, 2023, in contrast to a peak-to-trough drop of 25.4% for the S&P 500. Sine then, the stock surged to a high of $479.86 on December 17, 2024, and is currently trading at $475.31
Stock Market Today, Dec. 17: Tesla Shares Fall After California Moves to Restrict Autopilot Branding
Regulators are challenging Tesla’s self-driving claims, putting its AI and robotaxi ambitions under renewed scrutiny, today, Dec. 17, 2025.
EV giant Tesla (TSLA) has never been short on promises for a bold future. For years, Tesla fans have heard the narrative that Robotaxis would be the next new growth engine as its core EV business cools off.
With a modest market cap of $22 billion, Rivian is evolving beyond its luxury niche as it gears up for substantial growth in vehicle production with
Cathie Wood is trimming Tesla rather than abandoning it, taking profits after a huge re-rating while still viewing the company as a core long‑term AI and robotaxi play.