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Summary
Tesla (TSLA) rose 1.00% to $403.82 on November 2, 2026, while the Nasdaq Composite fell 1.07%.
Tesla's Robotaxi service opened to riders in Fort Worth, Texas, on Monday, and Investor's Business Daily linked the session to the new city.
Volume ran 18.27% above average, and the stock closed 19.05% below its 52-week high of $498.83.
Gotrade News - In the latest Tesla stock news, shares of Tesla (TSLA) rose 1.00% to close at $403.82 on Monday, November 2, 2026. Financial media tied the gain to the launch of Tesla's Robotaxi ride-hailing service in Fort Worth, Texas, on a day when most large technology stocks fell.
TSLA Trading Data
Data
Value
Closing price
$403.82
Change
+$4.01 (+1.00%)
Previous close
$399.81
Open
$404.74
Day range
$397.61 to $414.23
Volume
43.1 million shares
30-day average volume
36.5 million shares
52-week range
$297.38 to $498.83
Market cap
$1.60 trillion
Regular-session close on Monday, November 2, 2026, 4:00 p.m. New York time. Stock prices: Yahoo Finance, cross-checked against the closing price on Nasdaq.com. Volume and 30-day average volume: Nasdaq.com. 52-week range: Yahoo Finance daily highs and lows since November 3, 2025. Indices and the 10-year Treasury yield: Yahoo Finance daily closes for the same date.
Tesla opened at $404.74, above Friday's close, and climbed as high as $414.23 before giving back part of that gain. The stock touched a low of $397.61 and finished $6.21 above it, just under its opening price. Trading was busier than usual, with 43.1 million shares changing hands, 18.27% more than the 36.5 million-share average.
The gain stood out on a weak day for technology shares. The Nasdaq Composite fell 1.07% to 25,164.36 and the S&P 500 slipped 0.51% to 7,541.40, while the Dow Jones Industrial Average rose 0.41% to 51,983.98. Tesla finished 2.07 percentage points ahead of the Nasdaq. The 10-year Treasury yield eased 3.5 basis points to 4.89%.
Among large-cap peers, Nvidia (NVDA) lost 1.26%, Apple dropped 1.83% and Microsoft (MSFT) fell 2.83%. Chipmakers were among the weakest, with Intel down 8.80% as it extended its slide after a fourth-quarter forecast below Wall Street estimates. Fellow electric vehicle maker Rivian (RIVN) jumped 8.47%. At its close, Tesla stood 19.05% below its 52-week high of $498.83 and 35.79% above its 52-week low of $297.38.
Tesla announced the expansion itself. Its official Robotaxi account posted on Sunday night, "Robotaxi available in Fort Worth starting tomorrow, 6am," as reported by TeslaNorth, which described Fort Worth as the service's fourth Texas city after Austin, Dallas and Houston. The launch map Tesla shared shows one zone centered on downtown, reaching toward Saginaw in the north and Benbrook in the southwest.
Investor's Business Daily linked the session to the new robotaxi city, reporting that Tesla stock rose about 1% on Monday as its rally continued. According to Azat TV, which cited a company social media announcement, the Fort Worth geofence covers 143 square miles and brings the service to seven cities across Texas and Florida. It is the first new city since Orlando and Tampa joined in July 2026, the outlet added.
TSLA Stock Analysis: Supporting Factors and Risks
Supporting Factors
Fort Worth gives the Robotaxi service a second foothold in the Dallas-Fort Worth area, according to TeslaNorth, and widens a network that Azat TV counts at seven cities.
In a FreightWaves interview published on November 2, Cristiano Façanha of Smart Freight Centre said the Z-Scale shipper alliance chose Tesla as primary supplier for an order of 2,500 battery-electric Class 8 trucks, citing the Semi's range, pricing and verified production capacity.
Volume ran 18.27% above average as Tesla closed higher on a day the Nasdaq fell.
Risks
Tesla's post did not say how many vehicles serve Fort Worth, whether rides carry a safety monitor, or what they cost, TeslaNorth noted.
Azat TV described Tesla's operating fleet as modest next to Waymo, which it said runs roughly 4,000 vehicles across about ten metro areas.
The Z-Scale alliance also prequalified Kenworth, Bright/BYD and Volvo for carriers that prefer other truck makers, per FreightWaves.
This article is for education and information only and is not investment advice. Investment decisions are yours to make after your own research.
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M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms. His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
Hendrie Saputra holds a Master of Business Administration (MBA) with a concentration in Business Risk & Finance, along with professional experience in finance, marketing, and project management. He is experienced in analyzing market data and developing research-driven business strategies.
