"Tesla stock ( NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88. The price beats the previous record close, which was $479.86. Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level."
"This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company's valuation to $1.63 trillion. Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta. Shares closed up $14.57 today, up over 3 percent."
Tesla stock closed at an all-time high of $489.88, surpassing the previous record close of $479.86. Shares had fallen more than 40% earlier in the year before recovering from the low $200s beginning in late April. The company began testing driverless Robotaxis in Austin, a development that pushed Tesla's market valuation to $1.63 trillion and made it the seventh-most valuable publicly traded company. Shares rose $14.57, up over 3% on the day. Q3 deliveries reached company record highs, production of Model 3 and Model Y Standard followed loss of the $7,500 tax credit, and analysts view Robotaxi as a potential growth catalyst.
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