Tesla shares experienced a notable increase following Federal Reserve Chair Jerome Powell's remarks suggesting the possibility of future interest rate cuts. Initially, Tesla's stock rose by 4% after Powell's comments, with some reports indicating an increase of up to 5%. This positive market reaction reflected investor optimism about the potential easing of monetary policy. However, in the days following the initial surge, Tesla's stock showed signs of slipping as it aimed for a fourth consecutive weekly gain, with analysts discussing the price movements as potential indicators of a breakout.