Tesla Leads Market with 469 Billion Trading Volume as Texas Gigafactory Expansion Drives Stock Surge

On May 14, 2025, Tesla's trading volume reached 469.01 billion, ranking first in the day's stock market. Tesla (TSLA) rose 4.07%, marking its sixth consecutive day of gains, with a total increase of 26.27% over the past six days.

Tesla's stock price surged following the announcement of a significant expansion in its Gigafactory in Texas. The company plans to invest an additional $1.5 billion to increase production capacity, aiming to meet the growing demand for its electric vehicles. This expansion is expected to create thousands of new jobs in the region, further boosting the local economy.

In addition to the Texas expansion, Tesla has also unveiled plans to enter the Indian market. The company is in talks with the Indian government to set up a manufacturing plant, which could potentially make Tesla the first major electric vehicle manufacturer to produce cars in India. This move is seen as a strategic play to tap into the world's fourth-largest automotive market, which is expected to see a surge in demand for electric vehicles in the coming years.

Tesla's recent developments have also included advancements in its autonomous driving technology. The company has announced that it will begin testing its new "Full Self-Driving" (FSD) beta software with a select group of customers. This software is designed to enable vehicles to navigate complex urban environments without human intervention, marking a significant step towards fully autonomous driving.

Furthermore, Tesla has been actively working on improving its battery technology. The company has made significant progress in developing a new type of battery that promises to increase the range of its electric vehicles by up to 30%. This innovation is expected to address one of the major concerns of potential electric vehicle buyers, making Tesla's cars more competitive in the market.