Tesla Inc. (TSLA) closed at a record $278.40 on Tuesday, its highest level since December 18, 2024, bolstering the performance of the 'Magnificent Seven' tech-driven equities. The milestone reflects renewed investor confidence amid stronger-than-expected delivery data and bullish sentiment toward AI integration and energy storage growth.
- Tesla closed at $278.40, its highest level since December 18, 2024
- Q4 vehicle deliveries reached 442,000 units, up 12% from the prior year
- TSLA shares rose 3.7% on the day, marking the first record closing since December 2024
- The rally reinforced the 'Magnificent Seven' group’s dominance in the S&P 500
- Investors responded positively to Tesla's expanded energy storage deployments and new AI roadmap
- Market cap crossed $1.42 trillion, reaffirming Tesla's position as one of the world’s most valuable companies
Tesla Inc. (TSLA) achieved a pivotal milestone on Tuesday, closing at $278.40 per share—the first time the stock reached a new all-time high since December 18, 2024. The rally marked a decisive rebound for the electric vehicle pioneer, which had traded in a narrow range since late 2024 amid macroeconomic uncertainty and competitive pressures in the auto sector. The gain was driven by a 3.7% increase in afternoon trading, fueled by stronger-than-forecast Q4 vehicle deliveries totaling 442,000 units, a 12% year-over-year rise.