NEW YORK — Tesla stock heads into the new week on firm footing, with $TSLA (NASDAQ: TSLA) sitting near $364 after Friday's close. U.S. markets were dark over the weekend, so the most recent completed session — Friday's — remains the reference point, and it left the stock little changed but supported by a steady drumbeat of positive company news.
The Move
In Friday's session, Tesla closed at about $364.27, roughly flat on the day after trading in a $360.75 to $370.90 range. The stock remains within a 52-week span of $297.38 to $498.83, and Tesla's market capitalization stands near $1.44 trillion. For readers tracking the tape, quotes are available on Yahoo Finance, Google Finance, WSJ and Nasdaq.
The lack of a dramatic move is itself telling: with no single market-moving headline during Friday's session, traders held positions steady into the weekend, leaving the stock to consolidate near recent levels rather than react sharply.
The Why
Several constructive threads are keeping sentiment firm. Chief among them is intensifying Tesla-SpaceX merger speculation, which continues to draw attention from Wall Street after Musk's recent comments left the door open to a future combination. Analysts have called such a tie-up "strategically coherent," and prediction markets now put decent odds on a deal before 2028.
Company fundamentals are adding support. Tesla certified three Chinese suppliers as Optimus mass-production partners this week, a concrete step toward humanoid-robot manufacturing at scale. On the software side, Full Self-Driving adoption keeps climbing, with roughly 55% of new North American buyers taking FSD and active subscriptions topping 1.48 million — a high-margin, recurring revenue stream that bulls like Ron Baron argue should drive the next leg of value.
