Tesla Shares Climb in Pre-Market on April 8 Amid Market Rebound and EV Sector Buzz
Key Highlights:
Austin / New York – April 8, 2025 – Tesla Inc. (NASDAQ: TSLA) opened the week with renewed momentum, as the stock surged 3.31% in pre-market trade to $241.40, rebounding sharply from the previous session’s close of $233.29. The bullish start aligns with improving sentiment in the electric vehicle (EV) sector and strong gains in Nasdaq futures.
Tesla Stock Snapshot – April 8
- Previous Close (April 7): $233.29
- Pre-market (April 8, 8:54 AM ET): $241.40 (+7.71 | +3.31%)
- 52-Week Range: $488.54 (High) / $138.80 (Low)
- Market Cap: $73.10KCr
- P/E Ratio: 114.45
- Dividend Yield: None
5 Bullish Catalysts Behind Tesla Stock Price Today
- Strong Pre-Market Rebound Signals Investor Confidence
TSLA jumped over $7 per share before market open, indicating traders are positioning early for a potential breakout day. - EV Demand Recovery in China and Europe
Early reports show March EV sales rebounding in major markets, fueling optimism for Tesla’s Q2 performance. - Positive Nasdaq 100 Futures Movement
Nasdaq futures are up more than 2.3%, pulling major growth stocks like Tesla higher before the bell. - Cooling Bond Yields Favoring High-Growth Names
Treasury yields have dipped slightly, creating room for high P/E stocks like Tesla to catch a short-term bid. - Analyst Upgrades & Short Covering in Play
Several short-term traders anticipate short-covering rallies, with $250 now seen as the next key resistance.
TSLA Technical Levels to Watch
- Resistance: $243 → $248 → $252
- Support: $229 → $223
- Momentum: Turning positive with MACD divergence
- RSI: Neutral to bullish, room for upside
Expert Commentary
Amit Choudhary, Senior EV Analyst, ChargeTrends:
“Tesla’s price action today is all about risk appetite returning to growth stocks. Pre-market strength shows traders are chasing leaders again.”
Lila Green, Equity Trader, VisionEdge Capital:
“TSLA above $240 can quickly build momentum if volume supports it. We expect dip buyers to remain active this week.”
Tesla Stock Price Today Suggests Breakout Intent
With a 3.31% pre-market rise, the Tesla stock price today is shaping up for a high-energy session, supported by improving EV demand and bullish macro sentiment. Traders are eyeing the $250 level as a breakout zone, while investors view today’s move as a signal of renewed sector leadership.
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