Tesla (TSLA) shares jumped Friday, extending Thursday’s gains fueled by trade deal optimism after President Donald Trump 澳洲幸运ꦦ5官方开奖结果体彩网:announced a trade agreement with the U.K♔. and suggested more deals are on the way.
The stock climbed nearly 5% to close at $298.26, its highest price since February, logging g🧜ains for the third straight week.
Markets could get more good news this weekend, as U.S. representatives are 澳洲幸运5官方开奖结果体彩网:set to meet with Chinese officials for trade talks in Switzerland. (Read Investopedia's full coverage of 澳洲幸运5官方开奖结果体彩网:today's trading here.)
The gains for Tesla's stock come after a downbeat start to the week following a string of bad news about declining 澳洲幸运5官方开奖结果体彩网:sales and registrations in several countries 澳洲幸运5官方开奖结果体彩网:across Europe and China. The shares have still lost about🅠 one-quarter of their value since the start of t🌠he year.
Investors will be looking for updates in the coming weeks on Tesla's plans for its self-driving robotaxis, as the company said in 澳洲幸运5官方开奖结果体彩网:last month's earnings report that it still plans to start offering paඣid rides in Model Y vehicles in Austin, Texas ♕by the end of next month.
This article has been updated since it was first published to reflect more recent share price values.