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Tesla Stock Jumps Friday to Post Third Straight Week of Gains

Tesla vehicles are seen in a showroom, with the company logo above the entrance.
Investors will be looking for updates in the coming weeks on Tesla's plans for its self-driving robotaxis.

Kevin Carter / Getty Images

Tesla (TSLA) shares jumped Friday, extending Thursday’s gains fueled by trade deal optimism after President Donald Trump 澳洲幸运5开奖号码历史查询:announced a trade agreement wi෴th the U.K. and suggested more deals are on the way.

The stock climbed nearly 5% to close at $298.26, its high𓃲est price since February, logging gains for the third stra🏅ight week.

Markets could get more good news this weekend, as U.S. representatives are 澳洲幸运5开奖号码历史查询:set to meet with Chinese officials for trade talks in Switzerland. (Read Investopedia's full coverage of 澳洲幸运5开奖号码历史查询:today's trading here.)

The gains for Tesla's stock come after a downbeat start to the week following a string of bad news about declining 澳洲幸运5开奖号码历史查询:sales and registrations in several countries 澳洲幸运5开奖号码历史查询:across Europe and China. The shares have still lost ab💫out one-quarter of their value since the start of the 🅘year.

Investors will be looking for updates in the coming weeks on Tesla's plans for its self-driving robotaxis, as the company said in 澳洲幸运5开奖号码历史查询:last month's earnings report that it still plꦏans to start offering paid rides in Modℱel Y vehicles in Austin, Texas by the end of next month.

This article has been updated since it was first published to reflect more recent share price values.

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