Financial and Business News

Why Tesla Stock is Going Up Today? TSLA Shares Jump to June Highs on Elon Musk’s FSD Optimism

Wednesday, 27/08/2025 | 09:31 GMT by Damian Chmiel
  • Tesla shares surge 14% from August lows as stock recovers from $309 support level, testing 3-month highs near $352.
  • Robotaxi expansion and Full Self-Driving (FSD) advances fuel optimism while Model Y L launches in China with strong pre-order demand.
  • Technical indicators flash bullish signals as analysts maintain $400-500 price targets despite competitive headwinds in EV market.
Elon Musk is the CEO of Tesla and a global media personality. New York, US - 23 Apr 2025
Check the Tesla shares current price today and TSLA stock news

The question "Why is Tesla stock going up today?" has multiple compelling answers as Tesla shares continue their impressive recovery rally. As of August 27, 2025, TSLA trades at $351.67, representing a strong 14% gain from recent lows and the highest level since late June.

Tesla (NASDAQ: TSLA) shares have gained 10% over the past three trading sessions, with Tuesday's 1.5% advance testing the $351.90 level. From the recent lows, Elon Musk's company has rebounded an impressive 14%, demonstrating the resilience that has made Tesla a favorite among growth investors.

In this article, I examine why Tesla’s stock is surging, provide a technical analysis of the TSLA chart, and review the latest Tesla price predictions.

Tesla Stock Today Is Surging: Current Market Data

Tesla's momentum reflects multiple catalysts converging simultaneously. The stock closed Monday at $351.67, up 1.46% on the day, with trading volume exceeding 72 million shares, well above the 10-day average.

As shown in the chart below, the share price has been rising sharply since last Friday, breaking through the August high of 348.98 dollars and reaching its strongest level since late June.

Tesla stock price today. Source: Stooq.com
Tesla stock price today. Source: Stooq.com

Key Tesla metrics:

  • Current price: $351.67 (August 26, 2025)
  • 3-session gain: 10%
  • Recovery from lows: 14%
  • Market cap: $713.6 billion
  • 52-week range: $202.59 - $488.54

The stock now trades approximately 28% below its December 2024 high of $488.54 but has recovered substantially from the $202.59 low reached in April.

Why is Tesla Stock Going Up? 4 Key Catalysts

Robotaxi Momentum Builds Steam

Tesla's robotaxi service expansion in Austin continues accelerating, with the geofence area expanding to 170 square miles, nearly doubling from the initial 20 square miles at launch. The service has now expanded three times since its June debut, demonstrating Tesla's ability to scale autonomous operations.

Goldman Sachs noted that while maintaining a "Neutral" rating, "Tesla has begun robotaxi operations which puts it on the path to addressing a large market" with the U.S. robotaxi market estimated at $1.7 billion by 2030.

Full Self-Driving Technology Advances

Elon Musk continues promoting Tesla's Full Self-Driving capabilities, recently stating that FSD version 14 will be "two to three times better than a human driver" with version 15 potentially being "ten times more advanced". Tesla has made strategic changes to its online design studio, showcasing FSD performance in challenging scenarios to encourage adoption.

New testing environments are expanding Tesla's autonomous capabilities. The company has begun testing self-driving cars in Elon Musk's Boring Company tunnels beneath Las Vegas, marking another step toward broader deployment.

Model Y L Launch Success in China

Tesla's new six-seat Model Y L launched in China at 339,000 yuan (approximately $47,000), targeting the competitive family SUV market. The vehicle features:

  • Extended wheelbase (150mm longer)
  • Six-seat "2+2+2" configuration
  • 751 km range (CLTC cycle)
  • September 2025 deliveries beginning

The Model Y L addresses Tesla's competitive pressure in China, where local brands like BYD and Xiaomi have gained market share with feature-rich, affordable EVs.

Federal Reserve Policy Tailwinds

The dovish Federal Reserve backdrop is particularly beneficial for growth stocks like Tesla. As MarketBeat notes, "a friendlier macro backdrop is also helping the move" with expectations for interest rate cuts supporting equity valuations.

'We view Powell’s Jackson Hole speech as reinforcing a data-dependent approach, rather than a firm commitment to sustained monetary easing, with the Fed prioritizing inflation risks from tariffs and immigration policies over immediate labor market concerns,” said Vugar Usi Zade, COO at Bitget. “Investors should view this as a cautious stance, with the Fed likely to act only if employment weakens significantly, as evidenced by the 80% probability of a September rate cut following the speech.”

How High Can Tesla Shares Go? Technical Momentum Signals Strength

My technical analysis shows that Tesla shares are currently trading in a key resistance zone. Tuesday’s upward move pushed the price into the $347–357 range, marked by this year’s local highs and reinforced by the 50 percent Fibonacci retracement of the downtrend that began in late 2024 and extended to the April lows.

If Tesla manages to break through this confluence of resistances, it could pave the way for a test of the May peak at $368. Beyond that level, the next barriers include the psychological threshold of $400 and the December high near $500.

The bullish outlook is further supported by Monday’s breakout above both the triangle pattern and the downward trendline, as well as the golden cross highlighted by the green arrow. In this case, the 50-day EMA crossed above the 200-day EMA, which is considered a strong buy signal in technical analysis.

Tesla stock chart technical analysis. Source: Tradingview.com
Tesla stock chart technical analysis. Source: Tradingview.com

Multiple bullish technical indicators are also aligning for Tesla stock. MarketBeat reports the stock "flirting with a traditional buy point of $348.98" after breaking above key resistance levels.

Key technical signals include:

  • MACD bullish crossover indicating accelerating momentum
  • RSI around 60 showing healthy bullish levels with room to run
  • Recovery from 50-day moving average providing strong support

Wall Street Maintains Bullish Tesla Shares Predictions

Despite recent volatility , Wedbush Securities maintains its $500 price target and "Outperform" rating, citing Tesla's progress in autonomous driving and global expansion. This represents 42% upside potential from current levels.

Analyst price targets vary widely:

  • Wedbush: $500 (bullish on AI/robotaxi)
  • Morgan Stanley: $400 (energy storage growth)
  • 247 Wall St.: $351.73 (year-end target)

Long-Term Growth Trajectory

247 Wall St. projects aggressive revenue growth for Tesla through 2030, with projected stock prices reaching:

  • 2025: $351.73 (8.6% upside)
  • 2026: $461.73 (42.6% upside)
  • 2030: $1,116.86 (244.8% upside)

These projections assume Tesla successfully scales robotaxi operations and maintains EV market leadership.

You may also like: Cathie Wood Predicts 800% Surge in TSLA Shares

FAQ: Tesla Stock News

Why is Tesla stock surging today?

Multiple factors including robotaxi expansion, FSD technology advances, Model Y L China launch, and bullish technical signals.

What are analysts saying about Tesla?

Wedbush maintains $500 target citing AI/robotaxi potential, while consensus sits at $329 with mixed ratings.

How high can Tesla stock go?

Technical analysis suggests $400+ possible if current momentum continues, with some long-term targets exceeding $1,000.

Is Tesla a good buy now?

Analysts are mixed with "Hold" consensus, but bullish catalysts around autonomous driving could drive significant upside.

The question "Why is Tesla stock going up today?" has multiple compelling answers as Tesla shares continue their impressive recovery rally. As of August 27, 2025, TSLA trades at $351.67, representing a strong 14% gain from recent lows and the highest level since late June.

Tesla (NASDAQ: TSLA) shares have gained 10% over the past three trading sessions, with Tuesday's 1.5% advance testing the $351.90 level. From the recent lows, Elon Musk's company has rebounded an impressive 14%, demonstrating the resilience that has made Tesla a favorite among growth investors.

In this article, I examine why Tesla’s stock is surging, provide a technical analysis of the TSLA chart, and review the latest Tesla price predictions.

Tesla Stock Today Is Surging: Current Market Data

Tesla's momentum reflects multiple catalysts converging simultaneously. The stock closed Monday at $351.67, up 1.46% on the day, with trading volume exceeding 72 million shares, well above the 10-day average.

As shown in the chart below, the share price has been rising sharply since last Friday, breaking through the August high of 348.98 dollars and reaching its strongest level since late June.

Tesla stock price today. Source: Stooq.com
Tesla stock price today. Source: Stooq.com

Key Tesla metrics:

  • Current price: $351.67 (August 26, 2025)
  • 3-session gain: 10%
  • Recovery from lows: 14%
  • Market cap: $713.6 billion
  • 52-week range: $202.59 - $488.54

The stock now trades approximately 28% below its December 2024 high of $488.54 but has recovered substantially from the $202.59 low reached in April.

Why is Tesla Stock Going Up? 4 Key Catalysts

Robotaxi Momentum Builds Steam

Tesla's robotaxi service expansion in Austin continues accelerating, with the geofence area expanding to 170 square miles, nearly doubling from the initial 20 square miles at launch. The service has now expanded three times since its June debut, demonstrating Tesla's ability to scale autonomous operations.

Goldman Sachs noted that while maintaining a "Neutral" rating, "Tesla has begun robotaxi operations which puts it on the path to addressing a large market" with the U.S. robotaxi market estimated at $1.7 billion by 2030.

Full Self-Driving Technology Advances

Elon Musk continues promoting Tesla's Full Self-Driving capabilities, recently stating that FSD version 14 will be "two to three times better than a human driver" with version 15 potentially being "ten times more advanced". Tesla has made strategic changes to its online design studio, showcasing FSD performance in challenging scenarios to encourage adoption.

New testing environments are expanding Tesla's autonomous capabilities. The company has begun testing self-driving cars in Elon Musk's Boring Company tunnels beneath Las Vegas, marking another step toward broader deployment.

Model Y L Launch Success in China

Tesla's new six-seat Model Y L launched in China at 339,000 yuan (approximately $47,000), targeting the competitive family SUV market. The vehicle features:

  • Extended wheelbase (150mm longer)
  • Six-seat "2+2+2" configuration
  • 751 km range (CLTC cycle)
  • September 2025 deliveries beginning

The Model Y L addresses Tesla's competitive pressure in China, where local brands like BYD and Xiaomi have gained market share with feature-rich, affordable EVs.

Federal Reserve Policy Tailwinds

The dovish Federal Reserve backdrop is particularly beneficial for growth stocks like Tesla. As MarketBeat notes, "a friendlier macro backdrop is also helping the move" with expectations for interest rate cuts supporting equity valuations.

'We view Powell’s Jackson Hole speech as reinforcing a data-dependent approach, rather than a firm commitment to sustained monetary easing, with the Fed prioritizing inflation risks from tariffs and immigration policies over immediate labor market concerns,” said Vugar Usi Zade, COO at Bitget. “Investors should view this as a cautious stance, with the Fed likely to act only if employment weakens significantly, as evidenced by the 80% probability of a September rate cut following the speech.”

How High Can Tesla Shares Go? Technical Momentum Signals Strength

My technical analysis shows that Tesla shares are currently trading in a key resistance zone. Tuesday’s upward move pushed the price into the $347–357 range, marked by this year’s local highs and reinforced by the 50 percent Fibonacci retracement of the downtrend that began in late 2024 and extended to the April lows.

If Tesla manages to break through this confluence of resistances, it could pave the way for a test of the May peak at $368. Beyond that level, the next barriers include the psychological threshold of $400 and the December high near $500.

The bullish outlook is further supported by Monday’s breakout above both the triangle pattern and the downward trendline, as well as the golden cross highlighted by the green arrow. In this case, the 50-day EMA crossed above the 200-day EMA, which is considered a strong buy signal in technical analysis.

Tesla stock chart technical analysis. Source: Tradingview.com
Tesla stock chart technical analysis. Source: Tradingview.com

Multiple bullish technical indicators are also aligning for Tesla stock. MarketBeat reports the stock "flirting with a traditional buy point of $348.98" after breaking above key resistance levels.

Key technical signals include:

  • MACD bullish crossover indicating accelerating momentum
  • RSI around 60 showing healthy bullish levels with room to run
  • Recovery from 50-day moving average providing strong support

Wall Street Maintains Bullish Tesla Shares Predictions

Despite recent volatility , Wedbush Securities maintains its $500 price target and "Outperform" rating, citing Tesla's progress in autonomous driving and global expansion. This represents 42% upside potential from current levels.

Analyst price targets vary widely:

  • Wedbush: $500 (bullish on AI/robotaxi)
  • Morgan Stanley: $400 (energy storage growth)
  • 247 Wall St.: $351.73 (year-end target)

Long-Term Growth Trajectory

247 Wall St. projects aggressive revenue growth for Tesla through 2030, with projected stock prices reaching:

  • 2025: $351.73 (8.6% upside)
  • 2026: $461.73 (42.6% upside)
  • 2030: $1,116.86 (244.8% upside)

These projections assume Tesla successfully scales robotaxi operations and maintains EV market leadership.

You may also like: Cathie Wood Predicts 800% Surge in TSLA Shares

FAQ: Tesla Stock News

Why is Tesla stock surging today?

Multiple factors including robotaxi expansion, FSD technology advances, Model Y L China launch, and bullish technical signals.

What are analysts saying about Tesla?

Wedbush maintains $500 target citing AI/robotaxi potential, while consensus sits at $329 with mixed ratings.

How high can Tesla stock go?

Technical analysis suggests $400+ possible if current momentum continues, with some long-term targets exceeding $1,000.

Is Tesla a good buy now?

Analysts are mixed with "Hold" consensus, but bullish catalysts around autonomous driving could drive significant upside.

About the Author: Damian Chmiel
Damian Chmiel
  • 3066 Articles
  • 96 Followers
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.

More from the Author

Trending