Gate stock token latest update: Tesla TSLAX surges 8%

On April 15th, U.S. stocks closed with Tesla (TSLA.US) ending at $391.95, up $27.75 for the day, a gain of 7.62%. The trading volume reached $43.66B, ranking first among U.S. stocks that day, a 100.53% increase compared to the previous trading day. During the trading session, Tesla’s stock price even surged over 8%, with market sentiment extremely exuberant.

Meanwhile, Tesla stock token TSLAX on the Gate platform also rose in tandem. As of April 16, 2026, the latest quote for TSLAX remained steady at $395, with 24-hour trading volume remaining active. As one of the most liquid stock tokens on the Gate platform, TSLAX’s total asset value has reached approximately $78 million, with over 20,000 holders.

Three Core Factors Behind the Surge

1. AI5 Chip Reaches Key Engineering Milestone

The most direct catalyst for Tesla’s stock price surge came from an announcement by CEO Elon Musk on social platform X. Musk announced that the company’s upcoming AI5 chip has reached a critical engineering milestone and is approaching mass production.

The AI5 chip is Tesla’s next-generation hardware for autonomous driving and artificial intelligence computing. Completing the “tape out” means the chip design phase has ended, and production is just one step away. The market views this as an important signal that Tesla maintains a technological lead in AI and autonomous driving, rapidly pushing up the stock price.

2. Tesla Collaborates with SpaceX to Build Advanced Chip Factories

In addition to progress on the AI5 chip, Tesla also plans to collaborate with SpaceX to build two advanced chip factories in Austin, Texas—one for manufacturing chips for cars and robots, and another for producing chips used in orbital data centers. This strategic layout further deepens Tesla’s position in the semiconductor field, expanding investors’ imagination about the company’s future business boundaries.

3. Earnings Expectations and Macro Sentiment Double Drive

Tesla will release its Q1 2026 earnings report on April 22, with high market expectations. Meanwhile, the S&P 500 and Nasdaq indices hit new all-time highs simultaneously, with the Nasdaq closing higher for the 11th consecutive trading day. The market’s risk appetite has significantly increased, creating a favorable macro environment for the rise of large tech stocks like Tesla.

Gate Stock Tokens: The Best Tool for 24/7 Market Capture

Tesla’s trading hours in the U.S. stock market are limited, but unexpected events often occur after hours or during holidays. Gate’s stock token product line precisely addresses this pain point.

24/7 Continuous Trading

Gate stock tokens support 24/7 continuous trading, unaffected by U.S. stock trading hours, and there’s no need to worry about market closures on holidays. When Tesla releases major news after hours, Gate users can immediately capture the market with TSLAX, rather than waiting for the next trading day to open.

Spot + Futures Dual Market Model

Gate pioneered a “spot + futures” dual-market model for the same stock token assets: the spot market meets long-term allocation needs; perpetual contracts support up to 20x leverage for long and short positions. Regardless of market movement, there are profit opportunities.

Low Barrier + High Liquidity

TSLAX can be bought in fractional shares for as little as $10, breaking the traditional U.S. stock participation barrier of hundreds of dollars per share. Additionally, Gate’s stock token zone has accumulated over $140 billion in trading volume by early 2026, with a monthly market share of 89.1%, demonstrating significant liquidity advantages.

How to Trade TSLAX on Gate?

1. Register and log in to your Gate account, complete identity verification;
2. Deposit USDT into your spot account;
3. Enter the “Stock Tokens” zone and search for TSLAX;
4. Choose spot trading or perpetual contracts, enter quantity and price to complete the trade.

For investors optimistic about Tesla’s long-term development, TSLAX spot is an ideal holding tool; for short-term traders aiming to profit from volatility, TSLAX perpetual contracts offer flexible long and short operations.

Summary

Tesla’s stock surged nearly 8% due to multiple positive factors such as the AI5 chip reaching a key engineering milestone, collaboration with SpaceX on factory construction, and earnings expectations. TSLAX also followed the upward trend. As a leading global stock token trading platform, Gate provides an efficient channel for investors to capture Tesla’s market movements with 24/7 trading, low entry barriers, and dual spot + futures markets. With Tesla’s earnings report approaching, trading activity for TSLAX is expected to further increase, making it worth ongoing attention.