Tesla stock rise after Elon Musk reveals rapid progress on AI chips

New York, 24 November 2025 – Shares of Tesla Inc. (TSLA), a major player in the American stock market, recorded a modest rise today. This leading company in the electric vehicle sector, which is globally renowned under the leadership of its CEO Elon Musk, benefited from the positive sentiment in the American market. Tesla’s shares performed well throughout the trading day, generating enthusiasm among investors.

Today’s Market Performance
In today’s trading session, Tesla shares opened at $402.32 in the morning. During the day, the maximum price reached $402.80, while the minimum fell to $383.76. The final closing price was $391.09, which is an increase of $4.14 (1.05%) compared to the previous closing price. The trading volume stood at 100,194,711 shares, appearing slightly higher than usual.

In pre-market trading, the share rose by 1.7% to reach $397.72, giving investors a positive signal. However, there was some decline mid-day, yet overall the share remained stable. This performance was moderate compared to other ‘Magnificent Seven’ companies in the American market, with Tesla shares showing a decline over the year.

Reasons Behind the Increase
The primary reason for today’s rise in Tesla’s shares appears to be CEO Elon Musk’s positive remarks regarding the AI chips business. Musk expressed enthusiasm on social media about the future capabilities of the company’s AI technology, which boosted investor confidence. Additionally, strong financial results in the third quarter (Q3) also supported the shares. In this quarter, Tesla’s total revenue reached 28.1 billion dollars, representing a double-digit year-on-year growth.

However, some analysts in the market remain cautious. According to a report in Forbes, Tesla’s shares could fall to $274, as weaknesses are noted in the company’s fundamental factors. Furthermore, as stated in an article by Nasdaq, the volatility in Tesla’s shares and increasing competitive pressure (such as from Chinese electric vehicle manufacturers) may heighten future risk.

Future Outlook
In the first six months of 2025, Tesla shares experienced a bearish environment, but growth was observed in the third quarter. According to analysts at Motley Fool, purchasing Tesla shares at the current price is appropriate, as the company’s progress in autonomous driving and AI could provide significant benefits in the future. However, according to CNBC’s pre-market report, today Tesla is among the major movers along with other companies, indicating market uncertainty.

Investors should make decisions before the Thanksgiving holiday (27 November) considering the market fluctuations. Tesla’s market capitalization is currently $1.301 trillion, which reflects the company’s global leadership.

Conclusion
Tesla shares closed at $391.09 today, offering investors a ray of hope. Musk’s new ideas and strong quarterly results are positive factors, but market competition and underlying risks should be considered. In the coming days, the company will focus on production growth and technological advancement. It is an exciting time for investors – but caution should be exercised.