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Why Tesla Stock Surged Higher Friday
The Motley Foolยท 2025-05-02 19:05
Tesla (TSLA 3.05%) stock is ending the week on a high note. Shares of the electric vehicle (EV) leader surged as much as 5% higher today as investors anticipate good things ahead. Ironically, some of the optimism came from a recent announcement from a competitor in self-driving technology.Tesla is on the verge of finally displaying its technology for fully autonomous driving vehicles. That's less than one month away, and has investors piling into the shares. As of 2:38 p.m. ET, the stock was trading near th ...