Tesla shares climbed 3.15% on Thursday, continuing a volatile month fueled by major announcements and global developments, according to Benzinga. Investor sentiment improved after CEO Elon Musk confirmed plans to build “Colossus 2,” a Tesla-powered AI supercluster in Memphis through his xAI startup. Investors were further encouraged by Musk’s confirmation that Tesla’s robotaxi program will launch this June in Austin with 10 vehicles. Tesla's China operations showed signs of recovery as weekly insurance registrations rose, easing investor concerns about global demand. Despite losing the top EV sales spot in Europe to BYD, Tesla stock remains resilient as investors focus on its long-term innovation strategy.
