Tesla shares closed at $419.89 on February 9, 2026, tracking a broader tech rally that saw the Nasdaq climb 1.26%. The stock's performance was driven by renewed investor interest in AI infrastructure spending, a core component of the company's long-term strategy.
- Tesla is undergoing a multi-billion dollar transition to become a primary AI and robotics infrastructure provider.
- The strategic shift focuses on funding large-scale robotaxi networks and significant AI compute expansion.