Tesla's Remarkable Market Surge

On Monday, Tesla Inc. experienced a significant uptick in its stock value, with shares climbing over 10%. This marked the highest intraday increase since November 11, 2024, showcasing a robust investor confidence in the company's future.

Breakthrough in China's Autonomous Driving Sector

The surge followed an announcement from Tesla's Chinese division regarding the introduction of its Full Self-Driving (FSD) feature in China, post-regulatory approval. This development has evidently sparked a wave of optimism among investors, leading to a notable 10.22% rise in stock price to $274.14 per share by 10:30 am ET.