NEW YORK – Tesla Inc (NASDAQ: TSLA) shares experienced a significant surge during Thursday’s trading session, closing with substantial gains that reflected strong investor confidence in the electric vehicle manufacturer.
The stock concluded the regular market day on April 25th at 284.95 USD. This represented a remarkable increase of +25.44 USD, equating to a +9.80% jump from the previous closing price of 259.51 USD. The positive momentum carried over slightly into the after hours session, with the stock trading at 285.09 USD, up an additional +0.14 USD (+0.050%) as of 7:59 pm GMT-4.
Tesla’s trading day began strongly at 261.69 USD, opening higher than the prior close. The stock found its intraday low early at 259.63 USD before embarking on a sustained upward trajectory. Shares powered through the session to reach an intraday high of 286.85 USD, ultimately closing near this peak and demonstrating strong buying interest throughout the day.
Key financial metrics for Tesla show a substantial market capitalization listed as 89.29KCr, which translates to approximately $892.9 billion USD. The company currently has a high Price to Earnings (P/E) ratio of 156.84. As indicated in the data, Tesla does not currently pay a dividend.
While Thursday’s impressive gain significantly boosted the share price, it remains well below the 52 week high of 488.54 USD. However, the closing price is substantially above the 52 week low of 157.40 USD, highlighting the strong recovery trend the stock has shown recently.