What Happened? Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 4.4% in the afternoon session after the stock's positive momentum continued as reports revealed a significant Cybertruck purchase by Elon Musk's SpaceX.

The Dow Jones Industrial Average and other major stock indexes rebounded with gusto early Thursday, as Wall Street cheered cooler-than-expected inflation data, but gains at midday moderated. Meanwhile, Nvidia NVDA and Tesla TSLA outperformed the benchmarks on the stock market today.

Tesla stock staged a massive rebound, with shares climbing 120% from their low in April on a handful of positive catalysts.

More recently, though, shareholders have dealt with a different reality. If you had invested $1,000 in Tesla shares one year ago, here's how much you'd have today. All told, this electric vehicle (EV) stock is up 9% over the past 12 months (as of Dec. 16). A $1,000 starting investment would be worth $1,090 today. That's not impressive.

Tesla stock rebounded strongly early Thursday following a volatile prior session that saw the stock swept up in a broader selloff tied to artificial intelligence-related names. Shares of the electric-vehicle maker were up around 5% at $490.

The Dow Jones index rose Wednesday ahead of the retail sales report. Tesla stock looked to set more record highs.

Tesla's stock reached its all-time closing high today, marking the first time it's achieved this level in a year.

Tesla stock rallied higher on Monday, extending a broader rebound that has unfolded despite a deteriorating backdrop for the company’s core automotive business. The EV stock’s year-to-date gains continue to lag the S&P 500,

Tesla was struggling hard as recently as March. But its stock has soared as the company's fortunes have turned around.

Shares saw their first record close since December 2024, helping support the continued reign of the “Magnificent Seven.”