Tesla Stock Rises Over 4% On Hints Of New Product Unveiling

(RTTNews) - Tesla, Inc. (TSLA) climbed 4.41 percent to $448.78 on Monday after the electric vehicle maker posted a series of cryptic teasers on X hinting at a possible new product reveal.

The posts included a spinning Tesla logo with the date "10/7" and car headlights emerging through smoke, sparking speculation that the company could announce a new model or technology update.

If confirmed, it would mark Tesla's first major product unveiling since the debut of its self-driving "Robotaxi" in October 2024.

Tesla opened at $440.91 and traded between $436.69 and $449.19 during the session, compared with a prior close of $429.83 on the Nasdaq. Trading volume reached 53.86 million shares, below the average of 90.30 million.

The stock has moved between $212.11 and $488.54 over the past 52 weeks.