Tesla stock surges over seven percent as Elon Musk announces AI5 chip breakthrough

Apr 15, 2026, 6:38:47 PM UTC(2 hours ago)

Impact: Medium

Affected Assets

Tesla shares jumped 6.31 percent to reach 387.33 dollars following updates on the new AI5 chip for autonomous driving
Elon Musk confirmed the completion of AI5 chip development which is expected to power future unsupervised Full Self-Driving capabilities
The company is evaluating the Shanghai Gigafactory for mass production of the Optimus humanoid robot to achieve global scale
Retail investors have returned to buying the stock in April 2026 despite a 15 percent decline earlier in the year
Market analysts attribute the rally to renewed confidence in Tesla's physical AI goals and regulatory progress in European markets

JUST IN: Elon Musk's Tesla $TSLA rises over 7%, adding $100,000,000,000 to its market cap today. https://t.co/FPRicv2zuB