Tesla (TSLA) stock price made a record rally yesterday, ending in a 22.69% increase in its price and closing at $272.20.
This is the 3rd time in Tesla’s history as a public company that the stock price has surged above 20% in a single day. On 13th May 2013, the Tesla stock price surged by a +24.5%, which is the highest record yet.
On 24th October 2024, Tesla’s stock price increased by a whopping 21.9%. This day rests as the third most incredible day in the company’s history as far as the NASDAQ share price is concerned.
However, in the early hours of trading today, Tesla (TSLA) stock price is down by more than 7%. As of this writing, a Tesla share is being traded at $252.24 (11:00 AM Eastern Time).
Yesterday, US President Donald Trump posted “It’s a great time to buy!!!” on Truth Social. Around 4 hours later, he announced that the US is pausing reciprocal tariffs on China for 90 days.
This resulted in a positive sentiment in the market and most of the tech stocks and Fortune 500 companies saw their share price go up on the stock market.
President Trump also said that the US government is going to consider tariff exemptions for some US companies, depending on the nature of their business.
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 stock price goes down on Thursday, 10th April (early morning trade) after scoring a record rally of 22.69% on Wednesday, 9th April 2025 on tariff pause by the US.){kind=link}