Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany
Tesla's share price has jumped over 63%
  • Tesla's stock is up 63% this year so far thanks to investor optimism and strong Q4 earnings.
  • Shares in Elon Musk's EV maker have erased almost all of their 2022 losses in just six weeks.
  • It shed over $700 billion in market value last year as interest rates rose and Musk took over Twitter.

Tesla's stock has started the year with a breakaway rally that's clawed back almost all the electric-vehicle maker's losses from a hellish 2022.

Shares are up 63.4% year-to-date, trading at just over $201 as of Wednesday's closing bell.