Tesla shares experienced a significant rise on Monday, increasing by 4.1%. This boost brings the stock close to its historic high of $490, set in mid-December 2024. At the time of reporting, shares were trading at $477, having dipped slightly from an intraday high of $480. Despite this small fluctuation, Tesla remains near a one-year peak.
The company’s highest closing record is $479, which was achieved on December 17, 2024. If the current momentum continues, Tesla stands poised to surpass both its previous closing record and intraday high, marking a fresh peak exactly one year after its last record. This potential achievement is noteworthy for investors looking to capitalize on the stock's rising trajectory and signals the company’s continued strength in the market. Retail investors should keep a close watch on Tesla’s performance as it nears these critical milestones.