Why Tesla Shares Surged This Week

Daniel Sparks, The Motley Fool
·2 min read
Why Tesla Shares Surged This Week

Shares of Tesla (NASDAQ: TSLA) have surged this week, rising more than 10% as of this writing. The stock's sharp move higher has been fueled by a combination of factors, including volatile Bitcoin trading, news that the automaker may open its charging network to other automakers next year, and an upbeat week for growth stocks like Tesla. The latest news that may have benefited Tesla stock came on Thursday morning, when electric-car news website Electrek reported that Tesla is in talks with Norwegian officials to open up its Supercharger network to other automakers in the country.

Continue reading
  • Up next
  • Up next
  • Up next
  • Up next

Latest Stories

  • Beachgoers rally to save over a HUNDRED stranded pilot whales in Australia

    Beachgoers in Australia sprung into action as roughly 160 pilot whales washed up on Toby's Inlet near Dunsborough on April 25. At least 26 of the whales perished despite the efforts of more than 100 volunteers.

  • Q1 2024 Rollins Inc Earnings Call

    Q1 2024 Rollins Inc Earnings Call

  • Sydney man wrongly named as Bondi Junction stabbings murderer settles defamation claim with Seven

    Seven withdraws false allegation against Benjamin Cohen and ‘apologises for the harm you and your family have suffered’

  • Joel Embiid scores 50 points to lead 76ers past Knicks 125-114 to cut deficit to 2-1

    Joel Embiid scored 50 points, making all four 3-point attempts and scoring 18 in a potential series-shifting third quarter on Thursday night to lead the Philadelphia 76ers to a 125-114 win over the New York Knicks in Game 3 of their Eastern Conference first-round series. Embiid boldly stated “we’re going to win this series” after the 76ers dropped Game 2. With one of the finest postseason efforts of his career, Embiid became the third player to ever score 50 points against the Knicks in the postseason and kept the hope of a Philadelphia series comeback very much alive.

  • Q1 2024 United Rentals Inc Earnings Call

    Q1 2024 United Rentals Inc Earnings Call

  • Dow Jones Futures: Microsoft, Google Jump; New Market Rally Still Must Do This

    Microsoft and Google jumped on earnings late after the market rally attempt showed resilience Wednesday amid Meta's sell-off.

  • Vikings trade up twice in NFL draft. They take Michigan QB J.J. McCarthy, Alabama edge Dallas Turner

    EAGAN, Minn. (AP) — The Minnesota Vikings took Michigan quarterback J.J. McCarthy with the 10th overall pick in the NFL draft on Thursday night, moving up one spot in a trade with the New York Jets to make sure they didn't miss out on their most dire need. The Vikings then made a bigger jump later in the first round from No. 23 to No. 17 in a swap with the Jacksonville Jaguars to select Alabama edge rusher Dallas Turner. The departure of veteran quarterback Kirk Cousins in free agency to Atlanta

  • Q1 2024 Landstar System Inc Earnings Call

    Q1 2024 Landstar System Inc Earnings Call

  • Shot fired during fight in downtown WS

    Shot fired during fight in downtown WS

  • Superintendent speaks out after time capsule from 1920 found in old high school

    A construction crew was in the process of demolishing an old high school in Minnesota recently when they discovered a time capsule tucked inside of a cornerstone from when the building was erected in 1920. A press conference was held Monday following the discovery, during which the contents from the capsule were revealed to community members after being kept in a metal box for over a century. Speaking to "Good Morning America," Owatonna Public Schools Superintendent Jeff Elstad said there were a lot of documents found in the capsule.

  • 2024 NFL Draft: How old is Atlanta Falcons' quarterback Michael Penix Jr.?

    The Atlanta Falcons selected Washington Huskies quarterback Michael Penix Jr. with the eighth overall pick. How old is the Falcons' southpaw?

  • Brent Burns, Dmitry Orlov help Hurricanes hold on to beat Islanders 3-2 for 3-0 series lead

    NEW YORK (AP) — Defensemen Brent Burns and Dmitry Orlov got Carolina off to a fast start and the Hurricanes held on to beat the New York Islanders 3-2 on Thursday night for a 3-0 lead in the first-round series. Sebastian Aho also scored for the Hurricanes and Andrei Svechnikov had two assists. Frederik Andersen stopped 29 shots. Carolina won for eighth time in nine games at UBS Arena, which opened for the 2021-22 season. Brock Nelson and Pierre Engvall scored for the Islanders. They are a loss a

  • US-China talks start with warnings about misunderstandings and miscalculations

    The United States and China butted heads over a number of contentious bilateral, regional and global issues as U.S. Secretary of State Antony Blinken met Friday with Chinese Foreign Minister Wang Yi. “Overall, the China-U.S. relationship is beginning to stabilize across the areas,” Wang told Blinken. “Should China and the United States keep to the right direction of moving forward with stability or return to a downward spiral?” he asked.

  • Colts snap record streak of 14 straight offensive players taken in NFL draft with UCLA DE Latu

    UCLA edge rusher Laiatu Latu was the first defensive player selected in the NFL draft Thursday night, going No. 15 overall to Indianapolis to snap a record streak of 14 straight offensive players selected. The latest a first round had previously gone before a defensive player was taken was No. 8 overall. That's where the Carolina Panthers took cornerback Jaycee Horn in 2021. Not only were the 14 straight offensive players to start the draft a record, it was the first time 14 straight offensive p

  • One person dead after house fire in Concord, authorities say

    One person dead after house fire in Concord, authorities say

  • Michigan woman charged in boat club crash that killed 2 children released on bond

    Marshella Chidester is charged in the fatal crash at the Swan Boat Club in Monroe County. She has been released on a $1.5 million bond.

  • Manchester mayor announces overdose prevention plan for city

    Manchester mayor announces overdose prevention plan for city

  • Falcons provide first NFL draft surprise by taking Washington QB Michael Penix Jr. with No. 8 pick

    FLOWERY BRANCH, Ga. (AP) — The Atlanta Falcons provided the first major surprise of the NFL draft by selecting quarterback Michael Penix Jr. of Washington with the No. 8 overall pick on Thursday night. The Falcons extended their recent trend of selecting offensive skill players in the first round by drafting Penix one month after signing Kirk Cousins to a four-year, $180 million contract with $100 million guaranteed. Using a draft slot normally targeted for players expected to make an immediate

  • Colts take first defensive player of NFL draft, UCLA edge rusher Laiatu Latu at No. 15

    INDIANAPOLIS (AP) — The Indianapolis Colts took the first defensive player in the NFL draft Thursday night, choosing edge rusher Laiatu Latu of UCLA with the 15th pick. Latu's selection ended a 14-player run on offense — a draft record. Last season's Pac-12 defensive player of the year is expected to beef up Indy's outside pass rush and should complement an interior defensive line led by two-time Pro Bowler DeForest Buckner and Grover Stewart. The Colts recorded 51 sacks last season, the most si

  • Did the Raiders make the correct choice by selecting Brock Bowers?

    Yahoo Sports' Draft Live Crew responds to the Las Vegas Raiders' selection of Brock Bowers with the 13th overall pick, discussing whether or not he fills the team's most pressing need.