Tesla Motors (TSLA) is caught between technical momentum and valuation, with recent highs driven by autonomous testing but remaining polarizing
TSLA hit $495 intraday, surpassing its late 2024 record, fueled by optimism in Full Self-Driving (FSD), autonomy, and global scaling, reflecting a shift to valuing TSLA as an AI and robotics firm, with risks tied to driverless testing and Cybercab production
A breakout above $500 is possible with market leadership and bullish sentiment, but the $500 resistance needs a fresh catalyst to sustain momentum。。。
TSLA could see a major leg higher by 2026 with Robotaxis and energy expansion, but missing the April 2026 Cybercab target may lead to 2022-style consolidation, while hitting it could push the stock toward the $600 Wedbush target
The success of Robotaxi depends on overcoming technical and regulatory hurdles, while a 2026 FSD launch in China faces strict safety standards and competition from local rivals
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