{"id":5075,"date":"2026-06-08T15:16:40","date_gmt":"2026-06-08T15:16:40","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=5075"},"modified":"2026-06-08T15:16:40","modified_gmt":"2026-06-08T15:16:40","slug":"tesla-stock-rebounds-3-after-fridays-brutal-selloff-whats-behind-the-move","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=5075","title":{"rendered":"Tesla stock rebounds 3% after Friday’s brutal selloff: what’s behind the move?"},"content":{"rendered":"
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Tesla (TSLA) stock rose in early trading on Monday as investors looked ahead to a pivotal week for Elon Musk’s business empire, with SpaceX’s highly anticipated initial public offering expected to take center stage.<\/p>\n

Shares of the electric-vehicle maker climbed about 3% to $403.65 in early trading, recovering some ground after a sharp decline at the end of last week.<\/p>\n

The broader market was also higher. The S&P 500 gained 0.7%, while the Nasdaq Composite advanced 1.2%. <\/p>\n

The Dow Jones Industrial Average rose 159 points, or 0.3%.<\/p>\n

The rebound follows a difficult session on Friday when Tesla shares dropped 6.6%. <\/p>\n

The decline came as technology stocks broadly sold off after a stronger-than-expected US jobs report fueled concerns that interest rates could remain elevated or potentially move higher. The Nasdaq Composite fell 4.2% during the session.<\/p>\n

SpaceX IPO in focus<\/h2>\n

Investor attention this week is increasingly centered on SpaceX, the rocket, AI, and satellite company also led by Tesla Chief Executive Officer Elon Musk.<\/p>\n

SpaceX is expected to price its record-setting IPO on Thursday<\/a>, making it one of the most closely watched public offerings of the year.<\/p>\n

Tesla and SpaceX have become increasingly interconnected through collaborations in areas including artificial intelligence applications and semiconductor manufacturing.<\/p>\n

Speculation about a potential combination of the two companies has also persisted in prediction markets. <\/p>\n

According to betting activity cited from Kalshi, participants currently assign a 50% probability to a merger occurring before May 2027. On Polymarket, odds imply a 43% chance of a merger before the end of 2026.<\/p>\n

China sales return to growth<\/h2>\n

Tesla also received support from improving sales data in China.<\/p>\n

Retail sales of Tesla vehicles in China rose 22.5% year-over-year in May to 47,281 vehicles, according to figures released Monday by the China Passenger Car Association.<\/p>\n

The result marked Tesla’s first year-over-year increase in Chinese retail sales since February and ended a two-month stretch of annual declines.<\/p>\n

Retail volumes had fallen roughly 24% in March and about 10% in April before returning to growth in May.<\/p>\n

The May figure also represented a significant improvement from the previous month. Domestic retail sales increased 82.2% from April’s 25,956 vehicles.<\/p>\n

While May sales remained below the 56,107 vehicles Tesla sold in March, they exceeded February’s level of 38,206 units by roughly 24%.<\/p>\n

The latest figures suggest Tesla may be stabilizing in one of its most important global markets after facing heightened competition from domestic Chinese electric-vehicle manufacturers.<\/p>\n

JPMorgan upgrades Tesla<\/h2>\n

Investor sentiment also received a boost from a rating change at JPMorgan<\/a>.<\/p>\n

The bank on Friday upgraded Tesla to Neutral from Underweight, ending a bearish stance it had maintained since July 2023.<\/p>\n

Analyst Rajat Gupta cited Tesla’s vertically integrated supply chain and growing artificial intelligence capabilities as key reasons for the change.<\/p>\n

Gupta said the interaction between Tesla’s various business segments, including automotive operations and robotics initiatives, remains underappreciated by investors.<\/p>\n

“Using cell and vehicle production factories as a test bed for Optimus\/Humanoids should not only lower [costs] for the base automotive business, but more importantly, help validate the product at an industrial scale,” Gupta wrote in a note to investors.<\/p>\n

The post Tesla stock rebounds 3% after Friday's brutal selloff: what's behind the move?<\/a> appeared first on Invezz<\/a><\/p>\n

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Tesla (TSLA) stock rose in early trading on Monday as investors looked ahead to a pivotal week for Elon Musk’s business empire, with SpaceX’s highly anticipated initial public offering expected to take center stage.Shares of the electric-vehicle maker climbed about 3% to $403.65 in early trading, recovering some ground after a sharp decline at the…<\/p>\n","protected":false},"author":1,"featured_media":5076,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-5075","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/5075","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5075"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/5075\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/5076"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5075"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5075"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5075"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}