Tesla Stock Jumps 4% as Roadster Prototype Goes Airborne; Musk Targets 2028 Production
Photo: The Crypto Basic
Tesla (NASDAQ: TSLA) shares climbed 4.6% to $379.04 in Friday premarket trading after the electric vehicle maker unveiled its redesigned Roadster and demonstrated brief airborne maneuvers using SpaceX-developed thrusters. CEO Elon Musk said the long-delayed electric sports car is expected to enter production in 2028. The advance put Tesla on course to end a four-session losing streak. Shares closed Thursday at $362.44, down 5.3% from their October 9 close of $382.70. Even after the premarket rebound, the stock remained approximately 1% below that earlier level.
Source: The Crypto Basic
