Tesla stock rose in early trading Friday. It’s going for three weekly gains in a row.Shares of the electric-vehicle maker were up 6.03% at $301.99, while the S&P 500 and Dow Jones Industrial Average were up 0.

Tesla (TSLA) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Tesla (NASDAQ: TSLA) reported a relatively weak first quarter less than a month ago, but investors have been piling into the stock anyway. Additionally, CEO Elon Musk said he would be spending more time at Tesla and less in his role working with the Trump administration in Washington,