Tesla Stock Surges 6.75% in Fourth Consecutive Day of Gains with Record $356.72 Billion Trading Volume

On May 12, 2025, Tesla (TSLA) saw a significant surge, with its stock price rising by 6.75%, marking the fourth consecutive day of gains and a total increase of 15.63% over the past four days. The company's trading volume reached $356.72 billion, making it the top performer in the stock market for the day.

Investors have shown renewed confidence in Tesla following Elon Musk's Q1 earnings call, particularly with the anticipated launch of the robotaxi. This optimism has been further fueled by strong production data and the temporary pause on tariffs between the U.S. and China, which has helped Tesla reclaim a market capitalization of over $1 trillion.

China remains a crucial market for Tesla, contributing about 22% of its overall revenue in 2024. The Shanghai factory is Tesla's most productive, and the trade deal has alleviated concerns about potential price increases for Tesla vehicles, which could have made it harder for the company to compete with Chinese rivals like BYD.

Cathie Wood, the founder and CEO of Ark Invest, remains bullish on Tesla, predicting that the stock could reach $2,600 by the end of the decade. She sees the commercialization of robotaxis and the development of humanoid robots as significant long-term opportunities for Tesla, dubbing the humanoid robot market a $26 trillion revenue opportunity.

Despite the optimism, Wall Street analysts maintain a "Hold" rating on Tesla, with a mean target price of $283, suggesting potential downside from current levels. This discrepancy highlights the differing views on Tesla's future prospects, with some investors focusing on short-term challenges while others look to long-term growth opportunities.