Tesla shares jump after Barclays upgrade on SpaceX merger prospect
The gist
Tesla stock rose 4.04% to close at $407.46 after Barclays upgraded it to Overweight with a $450 target.
The upgrade bets a SpaceX combination and robotaxi growth could lift the shares.
How it unfolded
- Apr 15, 2026Tesla stock closed nearly 8% higher at $391.95 after CEO Elon Musk touted progress on the company's forthcoming AI5 chip.
- Jul 22, 2026Tesla entered its Q2 2026 earnings report with shares down 15.74% year-to-date, closing at $378.93.
- Aug 14, 2026Tesla rose 0.679% to $342.27 on about 45 million shares traded, worth roughly $15.33 billion.