Tesla Surges to Top Trading Volume with $56.88 Billion in a Day

On April 2, 2025, Tesla's trading volume reached $56.88 billion, marking a 43.89% increase from the previous day and securing the top spot in the day's stock market activity. Tesla's stock price rose by 5.33%, marking the second consecutive day of gains, with a total increase of 9.11% over the past two days.

Tesla reported a significant drop in vehicle deliveries for the first quarter of 2025, with 336,681 units delivered globally. This figure represents a substantial decrease from the 386,810 units delivered in the same period last year. The decline in deliveries was attributed to various factors, including the transition of the Model Y production line, which resulted in approximately 20,000 fewer units delivered in the US compared to the previous year.

Analysts had anticipated higher delivery numbers, with estimates ranging from 352,000 to 377,000 vehicles. The actual delivery figures fell short of these expectations, leading to a mixed reaction from investors. Despite the disappointing delivery numbers, Tesla's stock price managed to rebound after an initial drop, reflecting the market's ongoing interest in the company's long-term prospects.