알파경제 - Tesla′s stock price has continued its upward trend, marking a significant recovery to early-year levels.

(Photo= Yonhap news)

[Alpha Biz= Reporter Kim Sangjin] On the 3rd (local time), Tesla's stock closed at $246.39, up by 6.54% from the previous trading session. This marks the third consecutive day of strong gains following a 6.05% increase on the 1st and a 10.20% surge on the 2nd.

Tesla's stock had dropped to as low as $138.80 by April 22nd from $248.48 at the end of last year and $248.42 at the beginning of this year. However, it began to recover, reaching $194.05 on April 29th and has since shown a clear upward trend from late last month.

The closing price is now at levels similar to the beginning of this year, with the year-to-date decline narrowing to around 0.8%. Tesla's market capitalization has also recovered to approximately $785.8 billion (around 1,089.5 trillion KRW).

알파경제 Kim SangJin (letyou@alphabiz.co.kr)