Tesla (TSLA) shares soared on Friday, reaching their highest point since February, marking a third consecutive week of gains for the electric vehicle manufacturer. The new week appears to be opening even higher for the tech giant.
The surge was fueled by positive trade sentiment, as President Trump proposed reducing US tariffs on Chinese imports ahead of weekend trade talks. This followed a recent US-UK trade agreement. Monday, expectations are high for further details about the trade deal apparently reached with China over the weekend.