Tesla Stock Rises 3% as CEO Elon Musk Heads to China

Dow Jones

May 13

Tesla’s stock rose more than 3% in morning trading on Wednesday as CEO Elon Musk heads to China.

Tesla shares fell 2.6% on Tuesday, snapping a four-day winning streak that raised Tesla stock more than 14%. One thing sending shares higher was the hope that Tesla was close to receiving approval to sell its Full Self Driving, or FSD, driver-assistance product in China.

Americans can pay $99 a month for FSD. In April, Tesla reported 1.3 million FSD subscriptions at the end of the first quarter, up from about 850,000 a year ago. A Chinese FSD launch would represent some AI progress at Tesla, which has pinned its future on AI applications such as FSD, robo-taxis, and humanoid robots.

Now, Musk is on his way to China, tweeting that he was aboard Air Force One early on Wednesday.

He will joined in China by a bevy of U.S. business leaders, including GE Aerospace CEO Larry Culp, Boeing CEO Kelly Ortberg, Nvidia CEO Jensen Huang, Apple CEO Tim Cook,Citi CEO Jane Fraser, and others.

“I will be asking President Xi, a leader of extraordinary distinction, to ‘open up’ China so that these brilliant people can work their magic, and help bring the People’s Republic to an even higher level,” said President Donald Trump in a Tuesday post on Truth Social.

The trip has delayed a delivery event for the final Model S and Model X vehicles. Production of those cars stopped earlier this month as Tesla prepares to turn that production capacity into a line making humanoid robots.

Investors are waiting to see the capabilities of version three of Tesla’s humanoid robot, Optimus. That could happen this summer, according to the company. Tesla has been reticent to showcase the robot, citing competitive threats. “We find our competitors do a frame-by-frame analysis whenever we release something and copy everything they possibly can,” said Musk on Tesla’s Apr. 22 first-quarter earnings conference call.

FSD overseas and robot production represent two potential catalysts for Tesla stock. Coming into Wednesday trading, Tesla stock was down 4% this year and up 30% over the past 12 months.

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{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2635825733"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2635825733\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2635825733?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-13 22:41","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2635825733","market":"us","top_or_hot":-1,"title":"Tesla Stock Rises 3% as CEO Elon Musk Heads to China","media":"Dow Jones","content":"<html><head></head><body><p style=\"text-align: start;\">Tesla’s stock rose more than 3% in morning trading on Wednesday as CEO Elon Musk heads to China.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e439b1bb9be9147fbef824b2d7325dc8\" tg-width=\"538\" tg-height=\"134\"/></p><p>Tesla shares fell 2.6% on Tuesday, snapping a four-day winning streak that raised Tesla stock more than 14%. One thing sending shares higher was the hope that Tesla was close to receiving approval to sell its Full Self Driving, or FSD, driver-assistance product in China.</p><p>Americans can pay $99 a month for FSD. In April, Tesla reported 1.3 million FSD subscriptions at the end of the first quarter, up from about 850,000 a year ago. A Chinese FSD launch would represent some AI progress at Tesla, which has pinned its future on AI applications such as FSD, robo-taxis, and humanoid robots.</p><p>Now, Musk is on his way to China, tweeting that he was aboard Air Force One early on Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2b0fb46ee4feb9d80178127e866ad5d5\" title=\"\" tg-width=\"829\" tg-height=\"337\"/></p><p>He will joined in China by a bevy of U.S. business leaders, including GE Aerospace CEO Larry Culp, Boeing CEO Kelly Ortberg, Nvidia CEO Jensen Huang, Apple CEO Tim Cook,Citi CEO Jane Fraser, and others.</p><p style=\"text-align: start;\">“I will be asking President Xi, a leader of extraordinary distinction, to ‘open up’ China so that these brilliant people can work their magic, and help bring the People’s Republic to an even higher level,” said President Donald Trump in a Tuesday post on Truth Social.</p><p>The trip has delayed a delivery event for the final Model S and Model X vehicles. Production of those cars stopped earlier this month as Tesla prepares to turn that production capacity into a line making humanoid robots.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4ad177113ae6ae2111cb801a1d2a8eff\" title=\"\" tg-width=\"824\" tg-height=\"956\"/></p><p>Investors are waiting to see the capabilities of version three of Tesla’s humanoid robot, Optimus. That could happen this summer, according to the company. Tesla has been reticent to showcase the robot, citing competitive threats. “We find our competitors do a frame-by-frame analysis whenever we release something and copy everything they possibly can,” said Musk on Tesla’s Apr. 22 first-quarter earnings conference call.</p><p style=\"text-align: start;\">FSD overseas and robot production represent two potential catalysts for Tesla stock. Coming into Wednesday trading, Tesla stock was down 4% this year and up 30% over the past 12 months.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Rises 3% as CEO Elon Musk Heads to China</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Rises 3% as CEO Elon Musk Heads to China\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-13 22:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Tesla’s stock rose more than 3% in morning trading on Wednesday as CEO Elon Musk heads to China.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e439b1bb9be9147fbef824b2d7325dc8\" tg-width=\"538\" tg-height=\"134\"/></p><p>Tesla shares fell 2.6% on Tuesday, snapping a four-day winning streak that raised Tesla stock more than 14%. One thing sending shares higher was the hope that Tesla was close to receiving approval to sell its Full Self Driving, or FSD, driver-assistance product in China.</p><p>Americans can pay $99 a month for FSD. In April, Tesla reported 1.3 million FSD subscriptions at the end of the first quarter, up from about 850,000 a year ago. A Chinese FSD launch would represent some AI progress at Tesla, which has pinned its future on AI applications such as FSD, robo-taxis, and humanoid robots.</p><p>Now, Musk is on his way to China, tweeting that he was aboard Air Force One early on Wednesday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2b0fb46ee4feb9d80178127e866ad5d5\" title=\"\" tg-width=\"829\" tg-height=\"337\"/></p><p>He will joined in China by a bevy of U.S. business leaders, including GE Aerospace CEO Larry Culp, Boeing CEO Kelly Ortberg, Nvidia CEO Jensen Huang, Apple CEO Tim Cook,Citi CEO Jane Fraser, and others.</p><p style=\"text-align: start;\">“I will be asking President Xi, a leader of extraordinary distinction, to ‘open up’ China so that these brilliant people can work their magic, and help bring the People’s Republic to an even higher level,” said President Donald Trump in a Tuesday post on Truth Social.</p><p>The trip has delayed a delivery event for the final Model S and Model X vehicles. Production of those cars stopped earlier this month as Tesla prepares to turn that production capacity into a line making humanoid robots.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4ad177113ae6ae2111cb801a1d2a8eff\" title=\"\" tg-width=\"824\" tg-height=\"956\"/></p><p>Investors are waiting to see the capabilities of version three of Tesla’s humanoid robot, Optimus. That could happen this summer, according to the company. Tesla has been reticent to showcase the robot, citing competitive threats. “We find our competitors do a frame-by-frame analysis whenever we release something and copy everything they possibly can,” said Musk on Tesla’s Apr. 22 first-quarter earnings conference call.</p><p style=\"text-align: start;\">FSD overseas and robot production represent two potential catalysts for Tesla stock. Coming into Wednesday trading, Tesla stock was down 4% this year and up 30% over the past 12 months.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0265550359.USD","symbol_name":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2635825733","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2635825733","pubTimestamp":1778683265,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Tesla’s stock rose nearly 3% in morning trading on Wednesday as CEO Elon Musk heads to China.Tesla shares fell 2.6% on Tuesday, snapping a four-day winning streak that raised Tesla stock more than...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0081259029.USD":"UBS (LUX) EQUITY FUND - TECH OPPORTUNITY \"P\" (USD) ACC","LU1037948541.HKD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"A\" (HKD) ACC","IE00BDRTCR15.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC A","LU1119994496.HKD":"FIDELITY WORLD \"A\" (HKD) ACC","BK4099":"汽车制造商","LU0256863902.USD":"ALLIANZ US EQUITY \"AT\" (USD) ACC","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","LU2637965513.SGD":"BGF GLOBAL ALLOCATION \"A10\" (SGDHDG) INC","LU2054465674.USD":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","LU0823414478.USD":"法巴经典能源转换基金","SG9999001424.SGD":"United E-Commerce Fund SGD","LU0215105999.USD":"SCHRODER ISF GLOBAL EQUITY \"A\" ACC","LU2265009873.SGD":"Eastspring Investments - Global Growth Equity AS SGD-H","LU2403377893.USD":"ALLIANZ SELECT INCOME AND GROWTH \"AM\" (USD) INC","SNVD.UK":"LS -1X NVIDIA","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU0225283273.USD":"SCHRODER ISF GLOBAL EQUITY ALPHA \"A\" (USD) ACC","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","SG9999014542.SGD":"United Income Focus Trust Acc SGD","LU0267386448.USD":"FIDELITY FIRST ALL COUNTRY WORLD \"A\" (USD) INC","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","BK4507":"流媒体概念","LU0203345920.USD":"SCHRODER ISF QEP GLB ACT. 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One thing sending shares higher was the hope that Tesla was close to receiving approval to sell its Full Self Driving, or FSD, driver-assistance product in China.Americans can pay $99 a month for FSD. In April, Tesla reported 1.3 million FSD subscriptions at the end of the first quarter, up from about 850,000 a year ago. A Chinese FSD launch would represent some AI progress at Tesla, which has pinned its future on AI applications such as FSD, robo-taxis, and humanoid robots.Now, Musk is on his way to China, tweeting that he was aboard Air Force One early on Wednesday.He will joined in China by a bevy of U.S. business leaders, including GE Aerospace CEO Larry Culp, Boeing CEO Kelly Ortberg, Nvidia CEO Jensen Huang, Apple CEO Tim Cook,Citi CEO Jane Fraser, and others.“I will be asking President Xi, a leader of extraordinary distinction, to ‘open up’ China so that these brilliant people can work their magic, and help bring the People’s Republic to an even higher level,” said President Donald Trump in a Tuesday post on Truth Social.The trip has delayed a delivery event for the final Model S and Model X vehicles. Production of those cars stopped earlier this month as Tesla prepares to turn that production capacity into a line making humanoid robots.Investors are waiting to see the capabilities of version three of Tesla’s humanoid robot, Optimus. That could happen this summer, according to the company. Tesla has been reticent to showcase the robot, citing competitive threats. “We find our competitors do a frame-by-frame analysis whenever we release something and copy everything they possibly can,” said Musk on Tesla’s Apr. 22 first-quarter earnings conference call.FSD overseas and robot production represent two potential catalysts for Tesla stock. Coming into Wednesday trading, Tesla stock was down 4% this year and up 30% over the past 12 months.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}