Tesla's stock price at the close last Friday was $251.55.
Tesla's stock gained 27% during the week, closing at $251.55 on Friday. This rally was sparked by a better-than-expected deliveries report for the second quarter, which gave investors reasons for optimism heading into the second half of the year4.
Tesla delivered 443,956 vehicles during the second quarter, beating Wall Street estimates of 439,302. This marked a 4.8% decline from the previous year but was better than expected. The news led to a more than 10% surge in Tesla's stock price.