Tesla shares rise 5% at market open today

Tesla's share price rose 5% at the market open on March 11, reaching an intraday high of $235.52. The stock is currently trading at $222.49, slightly up from the previous close of $222.15. This increase comes amid a broader decline in US stock markets, with major indices like the Dow Jones and S&P 500 dropping over 1%. Investor concerns about potential tariffs from Donald Trump are contributing to the market downturn. Despite the rise, analysts note a bearish trend for Tesla's stock. They suggest a support zone between $170 and $190, where a potential bounce could occur.