Skip to content
Fear & Greed25 Extreme Fear
Crypto market$2.60T−0.2%24h breadth185 up66 downBitcoin$75,964−0.3%Ethereum$2,2420%Solana$90+0.4%XRP$1.18−2.9%BNB$695+0.2%Top gainersKNTQ$0.469+19.1%FLOCK$0.041+11.7%BTW$1.23+10.9%Top losersEXOD$3.92−15.4%BLAST$0.000014−12.7%RAIN$0.0059−5.9%StocksNVDA$187+2.8%TSLA$358+4.2%AAPL$342−0.5%MSFT$531−1%COIN$135−1.5%
Advertisement
Tesla shares rise 3% as Musk set to join Trump for China trip

Tesla shares rise 3% as Musk set to join Trump for China trip

The pairing of America's most powerful CEO with the president on a trip to Tesla's second-largest market has investors buzzing about what comes next.

by Editorial Team

2 min read

In Stocks

Share

Follow on Google

Tesla stock climbed 3% on reports that Elon Musk will accompany President Donald Trump on an upcoming trip to China.

The move extends a rally that has seen Tesla shares gain over 30% since early April, fueled largely by optimism around the company’s autonomous driving ambitions and its deepening footprint in the Chinese market.

Why China matters more than ever for Tesla

Tesla’s Shanghai Gigafactory is the company’s most productive manufacturing site, responsible for over 50% of its global vehicle output. China is also Tesla’s second-largest market by revenue.

Advertisement

When Musk visited China on April 28, he reportedly secured tentative approval for Tesla’s Full Self-Driving software in the country. That single trip sent Tesla shares soaring 18% to $198.87.

The FSD factor

FSD approval in China involves navigating data security laws, mapping restrictions, and a regulatory apparatus that moves on its own timeline.

Around the same time as his April China visit, Musk reportedly postponed a planned trip to India to focus on Tesla’s China operations.

What this means for investors

Tesla’s 30%-plus gain since early April reflects a fundamental repricing of the company’s autonomous driving potential. Each positive development in China, whether it’s FSD approval, manufacturing expansion, or high-level political engagement, adds another layer to the bull case.

For Tesla specifically, the Shanghai Gigafactory’s outsized role in global production means the company’s fortunes are structurally tied to its Chinese operations in a way that most American automakers are not.

Investors tracking this stock should pay close attention to any concrete outcomes from the trip, particularly around FSD deployment timelines, data localization requirements, and any new manufacturing commitments. The 18% surge from Musk’s April visit set a high bar.

Tesla Inc. (TSLA) price

Full chart and stats

Loading chart…

Market cap
$1.4T (shares as of 2026-10-15)
P/E (trailing)
377.7 (EPS to 2026-09-30)
Annual revenue
$94.8B USD (FY ended 2025-12-31) 10-K
Annual revenue growth
−2.9% (FY ended 2025-12-31 vs FY ended 2024-12-31) 10-K
Annual net income
3,794,000,000 USD (FY ended 2025-12-31, attributable to the company) 10-K
Annual operating margin
4.6% (FY ended 2025-12-31)
Forward P/E
Unavailable: no dated forecast source

Gloria daily close for session Nov 5, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article.

Tesla Inc. and its peers

Company PriceMarket capP/E (trailing)Forward P/EAnnual revenue (USD)Annual revenue growthAnnual net income (USD)Operating margin
Tesla Inc. TSLA · Price dated Nov 5, 2026 · tokenized TSLAx $344$1.4T377.7Unavailable$94.8BFY ended 2025-12-31 · 10-K−2.9%FY ended 2025-12-31 vs 2024-12-31 · 10-K3,794,000,000FY ended 2025-12-31, attributable to the company · 10-K4.6%FY ended 2025-12-31
General Motors Co GM · Price dated Nov 5, 2026 $89$75.4B19.5Unavailable$185.0BFY ended 2025-12-31 · 10-K−1.3%FY ended 2025-12-31 vs 2024-12-31 · 10-K2,697,000,000FY ended 2025-12-31, attributable to the company · 10-K1.6%FY ended 2025-12-31
Ford Motor Co F · Price dated Nov 5, 2026 $13$50.0BNot meaningfulLoss, diluted EPS −1.98
to 2026-09-30 · SEC filing		Unavailable$187.3BFY ended 2025-12-31 · 10-K+1.2%FY ended 2025-12-31 vs 2024-12-31 · 10-K−8,182,000,000FY ended 2025-12-31, available to common stockholders · 10-K−4.9%FY ended 2025-12-31
Rivian Automotive, Inc. RIVN · Price dated Nov 4, 2026 $14$20.5BNot meaningfulLoss, diluted EPS −2.26
to 2026-09-30 · SEC filing		Unavailable$5.4BFY ended 2025-12-31 · 10-K+8.4%FY ended 2025-12-31 vs 2024-12-31 · 10-K−3,646,000,000FY ended 2025-12-31, attributable to the company · 10-K−66.5%FY ended 2025-12-31

Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero. An operating margin appears only when the filing states both the operating income and the revenue for the same year.

Sources: SEC filings, Gloria daily closes, CoinGecko and Databento. Oldest record refresh: Nov 6, 2026, 12:11 AM EST. Refresh is not a price or filing date. Each row shows its price date and its annual fiscal period. Peers use industry code and company size, or editorial selection. Market cap multiplies that row price by the company share total the latest SEC filing states for every share class together. Trailing P/E divides it by trailing diluted earnings from SEC filings. Rolled earnings per share are approximate because share counts can change between periods. Both appear only when the SEC data carries its date, so they are estimates at one price date, not synchronized filing valuations. Not investment advice.

Traded on-chain

Explore tokenized products tracking Tesla Inc. Open a product to see its price, network and observed pools. Access depends on the venue and where you live.

TSLAxBacked · Solana$358.96
Token price
$358.96
Issuer
Backed
Network
Solana

Price from the pool with the highest reported reserves below. Token units may differ from one share.

Where to trade TSLAx

Pool liquidity

Source: GeckoTerminal. Retrieved Nov 6, 2026 23:15 UTC. Source and pools · Verify token contract Top three active pools by reported total reserves from the provider’s first 20 results. Each list covers this issuer, network and contract only. Products may have different share multipliers and rights. Pool reserves are not executable depth or guaranteed execution quality. Not a recommendation.

TSLAonOndo · BNB Chain$353.72
Token price
$353.72
Issuer
Ondo
Network
BNB Chain

Price from the pool with the highest reported reserves below. Token units may differ from one share.

Where to trade TSLAon

Pool liquidity

Source: GeckoTerminal. Retrieved Nov 7, 2026 00:15 UTC. Source and pools · Verify token contract Top three active pools by reported total reserves from the provider’s first 20 results. Each list covers this issuer, network and contract only. Products may have different share multipliers and rights. Pool reserves are not executable depth or guaranteed execution quality. Not a recommendation.

TSLAonOndo · Ethereum$349.25
Token price
$349.25
Issuer
Ondo
Network
Ethereum

Price from the pool with the highest reported reserves below. Token units may differ from one share.

Where to trade TSLAon

Pool liquidity

Source: GeckoTerminal. Retrieved Nov 6, 2026 23:52 UTC. Source and pools · Verify token contract Top three active pools by reported total reserves from the provider’s first 20 results. Each list covers this issuer, network and contract only. Products may have different share multipliers and rights. Pool reserves are not executable depth or guaranteed execution quality. Not a recommendation.

Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.

Next in Stocks Elon Musk joins Trump in China for high-stakes meeting with Xi