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BTCC / BTCC Square / Global Cryptocurrency /
Tesla (TSLA) Extends Gains for Third Consecutive Week Amid Market Rebound

Tesla (TSLA) Extends Gains for Third Consecutive Week Amid Market Rebound

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-05-11 18:08:02
0

Tesla shares climbed 3.4% last week, marking their third straight weekly gain as the stock reached $303—its highest level since February. Despite remaining 26% down year-to-date, the recent rally signals a potential turnaround for the embattled EV maker.

Investor sentiment improved following speculation about Elon Musk’s renewed involvement. The broader market also found footing after a US-UK trade deal sparked a 500-point surge in the Dow Jones Industrial Average.

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