Tesla gains amid M Science report on high demand for Model Y in U.S.
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Tesla (NASDAQ:TSLA) rose 11% after a similar gain on Thursday amid a research report about high demand for the EV maker's Model Y in the U.S.
Tesla total configurations (ex-Cybertruck) are on track to be up Y/Y and M/M based on data through Jan. 23, primarily driven primarily by high demand for the Model Y, according to a M Science report from earlier Friday.

Tesla (TSLA) stock surged on Thursday amid upbeat commentary from Tesla CEO Elon Musk during the companyâs Q4 earnings call on Wednesday. The EV maker topped EPS estimates and issued production guidance for 2023 of around 1.8M vehicles.

Tesla's gain on Friday may also be partly due to speculation that Saudi Arabia's Public Investment Fund may be looking to buy the remainder of EV rival Lucid Group (LCID) it doesn't own.