Tesla's market value has increased by more than 200 billion US dollars so far this year, and it is writing the strongest start in history.

(Associated Press file photo)

[Financial Channel/Comprehensive Report] With the rebound of the technology industry, the electric car leader Tesla (Tesla) is ushering in the best start in history, and its market value has increased by more than 200 billion US dollars (approximately NT$6 trillion) since 2023.

According to comprehensive foreign media reports, as of the close of trading on Wednesday (29th), Tesla’s stock price has soared 79% in the first three months of this year. NT$11.8 trillion) increased to US$613.4 billion (approximately NT$18.6 trillion).

Tesla shares closed up 2.48% on Wednesday to $193.88.

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Tesla’s stock price crashed last year, with about US$700 billion (approximately NT$21.2 trillion) evaporated from its market value, marking the worst year in history and the second time since Tesla’s listing in 2010 that there has been a full-year increase negative growth.

Investors are piling into growth-oriented tech stocks again amid a more optimistic backdrop for the economy and markets.

The company's push to cut prices, executive optimism about demand and Chief Executive Elon Musk's reduced focus on Twitter have all helped Tesla's stock rise.

Musk said at the Q4 financial report that consumer demand for Tesla's electric vehicles far exceeds production, helping Tesla's stock price set its best weekly performance in 10 years in January.

Wedbush Securities (Wedbush Securities) analysts predict that Tesla's stock price is expected to continue to rise due to the surge in delivery of Model 3 and Model Y cars after the price cuts in China.

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