AsianFin -- Tesla (TSLA) shares climbed to a new 2025 closing high on Monday, shrugging off a challenging start to the year as investors focused on the company’s autonomous driving ambitions.

The stock topped $440 in early trading, rising nearly 4%, before closing up 1.9% at $434.21. This surpassed its previous 2025 closing high of $428.22, set on January 15. Tesla has now gained in nine of the last ten trading sessions.

Over the past month, Tesla shares have surged more than 30%, fueled by a combination of strategic moves and investor optimism. Key catalysts include CEO Elon Musk’s $1 billion personal stock purchase last week, a newly proposed executive compensation plan, and plans to expand the Robotaxi program beyond Austin, Texas.

Investors appear increasingly confident that Tesla’s self-driving initiatives, particularly the rollout of its Robotaxi network, could drive long-term revenue growth. Analysts note that the company’s ongoing technological advancements and Musk’s commitment to backing Tesla with personal investment have reinforced market confidence.