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Tesla futures traders are closely following weekly

Model: NS-40F401NA26
SKU: 6614066
$233.00
Comp. Value: $778.000
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Tesla futures traders are closely following weekly short-interest reports. Any decline in short positions could provide fuel for a rapid price surge, aligning with technical breakout patterns seen in the last quarter. Some insurance companies have used those low production numbers as a reason to drop the Cybertruck from their policies, leaving owners scrambling for other options. The settlement came weeks after a Florida jury ordered the company to pay $243m in damages to the family of a female pedestrian who had died in a crash involving a Tesla self-driving car. The jury had reached a verdict that the car was at fault, setting a precedent for cases such as the Maldonados’ case. The company has appealed the Florida verdict. Tesla futures price action is being influenced by crude oil and lithium market fluctuations. Strong EV demand forecasts from major research firms support a medium-term uptrend, with $1,080 seen as next resistance in technical charts.