At the close of US trading on April 15, Tesla (TSLA.US) finished at $391.95, up $27.75 in a single day—a surge of 7.62%. Trading volume reached $43.663 billion, ranking first among US stocks that day and marking a 100.53% increase over the previous session. During intraday trading, Tesla’s stock price soared more than 8% at one point, fueling intense market excitement.
Meanwhile, Tesla stock token TSLAX on the Gate platform tracked the rally in real time. As of April 16, 2026, TSLAX was trading steadily at $395, with active 24-hour trading volume. As one of the most liquid stock tokens on Gate, TSLAX’s total asset value has reached approximately $78 million, with over 20,000 holders.
| Metric | Data |
|---|---|
| Tesla stock closing price | $391.95 |
| Single-day gain | +7.62% (peaked above 8% intraday) |
| Single-day trading volume | $43.663 billion |
| TSLAX total asset value | Approx. $78 million |
| TSLAX number of holders | Over 20,000 |
Three Core Drivers Behind the Rally
- AI5 Chip Achieves Key Engineering Milestone
The most immediate catalyst for Tesla’s price surge came from CEO Elon Musk’s announcement on social platform X. Musk revealed that the upcoming AI5 chip has reached a critical engineering milestone and is nearing mass production.
The AI5 chip is the core hardware for Tesla’s next-generation autonomous driving and AI computing. Completing the "tape out" phase means the chip’s design is finished, with only one step left before actual production. The market sees this as a sign of Tesla’s continued technological leadership in AI and autonomous driving, quickly pushing the stock higher.
- Tesla and SpaceX Collaborate to Build Advanced Chip Factories
Beyond the progress on the AI5 chip, Tesla plans to partner with SpaceX to build two advanced chip factories in Austin, Texas—one for manufacturing chips used in vehicles and robots, and another for chips powering orbital data centers. This move further deepens Tesla’s strategic footprint in semiconductors, expanding investors’ expectations for the company’s future business horizons.
- Earnings Expectations and Macro Sentiment Provide Dual Momentum
Tesla is set to release its Q1 2026 earnings report on April 22, and the market holds high expectations. At the same time, the S&P 500 and Nasdaq both hit record highs, with the Nasdaq rising for the 11th consecutive trading day. This renewed risk appetite has created a strong macro environment for large tech stocks like Tesla.
Gate Stock Tokens: The Best Tool for 24/7 Market Access
Tesla’s trading hours on the US stock market are limited, and major events often occur after hours or during holidays. Gate’s stock token product line solves this pain point.
24/7 Continuous Trading
Gate stock tokens support uninterrupted trading 24/7, free from US market hour restrictions and unaffected by holiday closures. When Tesla releases major news after hours, Gate users can immediately capture market movements with TSLAX, instead of waiting for the next trading session.
Dual Market Model: Spot + Perpetual Contracts
Gate pioneered the "spot + perpetual contract" dual market model for the same stock token asset. The spot market caters to long-term allocation needs, while perpetual contracts offer up to 20x leverage for both long and short strategies, creating profit opportunities in any market direction.
Low Entry Barrier + High Liquidity
TSLAX requires only $10 minimum to buy fractional shares, breaking the traditional US stock barrier where a single share costs hundreds of dollars. Additionally, Gate’s stock token section has surpassed $14 billion in cumulative trading volume as of early 2026, with a monthly market share as high as 89.1%, highlighting its liquidity advantage.
How to Trade TSLAX on Gate?
- Register and log in to your Gate account and complete identity verification.
- Deposit USDT into your spot account.
- Enter the "Stock Tokens" section and search for TSLAX.
- Choose between spot or perpetual contract trading, enter the quantity and price, and complete your transaction.
For investors bullish on Tesla’s long-term prospects, TSLAX spot is the ideal holding tool. For those seeking to profit from price volatility, TSLAX perpetual contracts offer flexible long and short trading opportunities.
Conclusion
Tesla’s surge—driven by the AI5 chip milestone, collaboration with SpaceX, and strong earnings expectations—has lifted the stock nearly 8%, with TSLAX tracking the rally. As a global leader in stock token trading, Gate offers investors an efficient channel to capture Tesla’s momentum with 24/7 trading, low entry barriers, and dual spot/contract markets. As the earnings window approaches, TSLAX trading activity is likely to heat up further, making it a trend worth watching.
