Why Did Tesla Stock (TSLA) Jump Higher Today?
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BTCCSquare news:
Tesla shares surged over 7% to $395 on Friday, fueled by a series of positive developments this week. The rebound follows a recent dip in the company's EV market share to an eight-year low.
Key catalysts include progress in Tesla's robotaxi ambitions. An influencer shared a Nevada DMV email confirming regulatory approval for testing self-driving taxis on public roads, pending final certification. This builds on Tesla's June rollout of driverless Model Y rides in Austin, with CEO Elon Musk targeting expansion to California, Arizona, and Florida.
The company also showcased new energy products in Las Vegas, including the Megapack 3 battery system, signaling diversification beyond automotive.
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