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Tesla Stock on a record pace, with over 70% rise!

Tesla this week received about a third of individuals’ net purchases across all U.S. securities, Vanda found. In the five days that ended Wednesday, individuals bought roughly $2 billion worth of Tesla.

The electric-vehicle stock has surged 73% in 2023, coming off its worst year on record.

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For Tesla and its investors 2023 has started out about as well as 2022 ended badly.

After dropping about 54% in the final three months of 2022, Tesla (ticker: TSLA) stock is up about 69% in 2023.

Tesla’s shares continued their recent climb Thursday morning, with the stock on pace for an eighth consecutive daily advance.

The shares are up more than 5% in morning trading, set for a 14th daily rise in 15 sessions, according to Dow Jones Market Data.

They’re up about 27% during their eight-day run—and ahead more than 70% this year so far.