Tesla futures volumes on CME have seen a 20%

Tesla futures volumes on CME have seen a 20% week-over-week increase. Part of this is driven by hedge fund rotation into growth stocks amid softening inflation data. Short-term target levels between $1,060 and $1,070 are being assessed. Some analysts describe the spike as unlikely to be sustainable, with potential softness in upcoming quarters. Others, meanwhile, note that Tesla needs to introduce a new, more affordable model to maintain momentum beyond the stimulus-driven surge. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile. Market chatter points to Tesla futures benefiting from easing supply chain concerns. Futures volume has surged by 15% compared to last week, suggesting active institutional positioning ahead of next earnings. Breakout potential above $1,050 is being discussed among traders.