Shares of Tesla (NASDAQ: TSLA) climbed higher today. The electric vehicle (EV) maker's stock gained 4.7% as of market close, but was up as much as 7.8% earlier in the day. The jump comes as the S&P 500 (SNPINDEX: ^GSPC) lost 0.

Tesla shares jumped Friday, extending Thursday’s gains amid trade deal optimism after President Trump announced a trade agreement with the U.K. and suggested more deals are on the way.

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,