Tesla Rises in Overnight Trading Amid Market Weakness
Tesla (TSLA) shares climbed overnight to $317.42, rising by $3.91 (+1.25%), even as S&P and Nasdaq futures dipped by approximately 0.48%.
Key developments boosting Tesla’s momentum include:
- The successful rollout of Grok 4, Tesla’s latest AI advancement.
- Anticipation around Tesla’s official India launch, scheduled for July 15.
- SpaceX’s recent announcement of a substantial $2 billion investment in Musk’s AI startup, xAI.
The positive overnight action underscores strong investor sentiment toward Tesla, despite broader market pressures.