Why Tesla Inc. (TSLA) Soared Last Week

Ten companies finished the past trading week connected a precocious note, outperforming the 3 large indices with double-digit gains amid a flurry of catalysts, including upcoming net releases, that sparked buying appetite.

Week-on-week, the Nasdaq rallied by 6.7 percent, the S&P 500 clocked successful a 4.59-percent gain, portion the Dow Jones was up by 2.48 percent.

In this article, we person listed past week’s apical 10 performing stocks and elaborate the reasons down their gains. The stocks were chosen based connected the highest percent summation successful closing prices connected April 25 arsenic against their prices connected April 17, oregon the week prior.

To travel up with the list, we considered lone the companies with a $2-billion marketplace capitalization and a $5-million trading volume.

Tesla Inc. (NASDAQ:TSLA)

Shares of Tesla Inc. jumped by 18.05 percent week-on-week, finishing Friday’s trading astatine $284.95 versus the $241.37 adjacent connected April 17 arsenic investors snapped up shares pursuing Elon Musk’s announcement that helium would give much clip to the institution opening adjacent month.

This came aft TSLA saw nett income attributable to shareholders nosedive by 71 percent during the archetypal 3 months of the twelvemonth to lone $409 cardinal from $1.39 cardinal successful the aforesaid play a twelvemonth earlier, arsenic revenues dropped by 9 percent to $19.3 cardinal from $21.3 cardinal year-on-year.

Speaking to shareholders during the company’s net release, Musk said that helium volition beryllium “allocating acold much of … clip to Tesla” opening May.

Additionally, investors cheered the Department of Transportation’s relaxation of rules connected self-driving vehicles done a caller model that aims to chopped reddish portion and determination toward a azygous nationalist modular for self-driving vehicles.

The caller rules spelled bully quality for Tesla Inc. (NASDAQ:TSLA), which has acceptable its sights connected the improvement of robotaxis.

Overall, TSLA ranks 10th connected our database of firms that recorded double-digit gains past week. While we admit the imaginable of TSLA arsenic an investment, our condemnation lies successful the content that AI stocks clasp greater committedness for delivering higher returns and doing truthful wrong a shorter clip frame. There is an AI banal that went up since the opening of 2025, portion fashionable AI stocks mislaid astir 25%. If you are looking for an AI banal that is much promising than TSLA but that trades astatine little than 5 times its earnings, cheque retired our study astir this cheapest AI stock.