EL7.AI
StocksMediumUpdated•Originally published 16 October 2026•Updated 16 October 2026•
1 min read

Tesla Stock Jumps 4% on Thruster-Powered Roadster Technology Reveal

Key Facts

1Tesla stock rose 4% to $375 following the reveal of thruster-powered technology for the new Roadster model.

Tesla stock rose 4% to $375 following the reveal of thruster-powered technology for the new Roadster model. 247wallst.com reported that the market reacted positively to these technical details, which provided a fresh catalyst for the stock price amid ongoing FSD rebranding efforts.

TSLA closed at $362.44 on October 15, 2026, before the latest rally saw it outperform its primary electric vehicle peers. For comparison, RIVN closed at $13.02 and LCID closed at $3.50 on October 15, 2026, with those instruments seeing year-to-date declines of 33% and 67% respectively.

Latest Updates · 1

  1. Notable·

    Update: Elon Musk unveiled the new Roadster during an event held at a SpaceX rocket facility in Texas. The demonstration featured the vehicle actually launching into the sky to showcase the capabilities of the new propulsion system.