NEW YORK — Tesla shares drifted modestly higher to close out the week, with $TSLA (NASDAQ: TSLA) finishing Friday''s session at $407.76, up about 0.3%, or $1.21, from Thursday''s close of roughly $406.55. With U.S. markets closed over the weekend, that Friday, July 10 close is the most recent completed print for the stock.
It was a quiet end to an eventful week. There was no single blockbuster catalyst on Friday itself; instead, the stock held near the upper end of its recent trading band as investors digested a string of positive developments from earlier in the week.
The Week That Lifted the Stock
The bigger story sat behind Friday''s modest move. On July 9, UBS raised its Tesla price target to $442 from $364, a roughly 21% increase, with analyst Joseph Spak pointing to Tesla''s long-term potential in physical AI and robotics, including Optimus, Full Self-Driving and Dojo. That upgrade helped power a sharp gain earlier in the week and set a constructive tone that carried into Friday.
Supporting the mood were Tesla''s Q2 delivery figures, which came in at 480,126 vehicles, up about 25% year over year and comfortably ahead of Wall Street estimates. Strength in Europe and a resilient China business underpinned the beat, reinforcing the narrative that Tesla''s demand troughs may be behind it. That momentum echoes Tesla''s commanding position in the U.S. EV market in the first half of 2026.
The Market Data
At Friday''s $407.76 close, $TSLA sat near the top of its recent two-week range of roughly $394 to $420, having jumped as much as 6.7% on July 6 before consolidating. The stock has been grinding toward record territory as the AI and robotics thesis takes hold. Investors can track live quotes on Yahoo Finance, Google Finance, WSJ and Nasdaq.
