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Tesla Shares Roar Higher: TSLA Stock Jumps Over $19, Gains 8%

NEW YORK, USA – Tesla Inc (NASDAQ: TSLA) stock is showing significant strength in morning trading on April 23rd, posting substantial gains. As of 10:54 AM GMT-4, the electric vehicle giant’s shares were trading actively at 257.36 USD.

This price reflects a notable increase of +19.39 USD per share, translating to a robust +8.15% climb for the session thus far. The stock is trading well above its previous closing price of 237.97 USD.

The trading day started with an opening price of 254.86 USD. Tesla shares reached a session high of 258.13 USD after dipping to a low of 244.43 USD earlier in the morning. The intraday chart indicates a recovery from an early dip followed by a strong upward trajectory.

Based on the current data, Tesla’s market capitalization stands at 77.23KCr. The company’s Price-to-Earnings (P/E) ratio is reported at 141.64. No dividend yield is currently associated with the stock.

The current price level places Tesla well above its 52-week low of 157.40 USD, while still remaining significantly below its 52-week high of 488.54 USD.

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