Tesla Stock’s October Shock: Record Sales, New “Affordable” Models & Wall Street’s Verdict
Tesla’s stock has seen dramatic swings in early October 2025. After trading in the low-$400s to start the month, TSLA spiked on October 6 ahead of a big product announcement, jumping ~5.4% in one session to close at $453.25 ts2.tech. That surge – adding over $70 billion in market cap – was fueled by optimism around record Q3 sales and a teased new model. It capped a strong short-term run: Tesla shares climbed roughly 7–8% over the first two weeks of October, outperforming the broader market ts2.tech ts2.tech. Notably, 7 of 10 trading days were positive during that stretch ts2.tech. At mid-$450s, Tesla was trading near its 52-week high and more than 50% above its yearly low ts2.tech. In fact, over the past 12 months TSLA was up about 81%, a huge run compared to ~17% for the S&P 500 in the same period ts2.tech.
