Shares of Tesla Inc NASDAQ: TSLA are trading around $410 this week, holding on to most of the gains they've logged since hitting a multi-month low in late April. The broader bull case has been well documented, from full self-driving and robotaxis to Optimus and the longer-term robotics ambition.
Shortly after the National Highway Traffic Safety Administration (NHTSA) figures appeared to suggest Elon Musk's ‘Robotaxis' drove the most recent four months with no 'at-fault' incidents, Gordon Johnson, a prominent Tesla (NASDAQ: TSLA) bear, took to X to cast doubt upon the results.
The latest trading day saw Tesla (TSLA) settling at $404.66, representing a -1.58% change from its previous close.
The Netherlands' transportation minister on Tuesday denied the country's influential RDW authority had relied on statistics submitted by Tesla as the basis of its approval of the company's "Full Self Driving (supervised)" software for use on Dutch roads.
Tesla stock (TSLA) moved lower on Tuesday even as analysts grew more optimistic about the company's near-term vehicle deliveries. Shares of the electric vehicle maker fell about 2% in early trading to $402.39, while the broader market was rallying, with the S&P 500 higher by roughly 1.6%.
SpaceX options are officially listed, and they're off to the races.
I'm going to put the verdict at the top. Our Tesla (NASDAQ:TSLA | TSLA Price Prediction) work points to a stock trading right at fair value heading into the back half of 2026.
Goldman Sachs has maintained its $375 Tesla (NASDAQ: TSLA) stock price target and reiterated a ‘Neutral' rating on the electric vehicle maker despite raising its second-quarter 2026 vehicle delivery forecast.
Investors will get new fundamental information for Tesla when it reports second quarter deliveries in early July.
Tesla (TSLA) stock is in focus on Monday after famed investor Anthony Pompliano publicly urged billionaire Elon Musk to merge the EV maker with SpaceX. And while the idea of a multi-trillion-dollar AI and aerospace empire sounds like the ultimate sci-fi bull case, such a merger carries massive structural, operational, and financial risks.
To say that considerable hoopla surrounded the SpaceX IPO last Friday is a major understatement. The newly public rockets and satellites company reportedly minted hundreds of millionaires among its staffers while vaulting CEO Elon Musk into the $1 trillion personal wealth club where he resides alone.
Tesla (TSLA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.