Shares of Tesla Inc. climbed nearly 5% Monday, notably outperforming a broader market decline, after the company confirmed that its Optimus humanoid robot has officially entered production at its Fremont, California, factory, reinforcing the robotics narrative that has driven much of the stock's recent recovery.

Tesla stock traded at 365.02 dollars, up 16.27 dollars, or 4.67%, as of 11:43 a.m. Eastern time on the Nasdaq. The gains stood out sharply against the backdrop of a struggling broader market, with both the S&P 500 and Nasdaq Composite trading in negative territory Monday amid renewed U.S.-Iran tensions in the Strait of Hormuz. Key electric vehicle peers Rivian and Lucid Group were also trading lower Monday, according to Investing.com, underscoring that Tesla's advance was driven by company-specific developments rather than a broader sector rally.

Investing.com editor Louis Juricic reported that Tesla shares climbed as much as 3.2% in earlier morning trading, reaching 359.85 dollars, before extending gains........

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