Tesla futures chart according to Tesla futures chart

According to Tesla futures chart updates, futures opened higher at $194.80 and tested $197.20 before midday profit-taking. Analysts highlight strong call option activity, indicating possible retests of recent highs if macroeconomic sentiment holds. However, Musk would soon learn the reality of getting involved in politics in today’s toxic environment. Many democrats felt that Musk wielded too much power, leading to mass left-wing protests against Tesla, boycotts, and widespread vandalism. As if that weren’t bad enough, Musk had a ugly falling out with President Trump, leading to backlash from many partisans on the right. Meanwhile, Tesla’s legacy EV business was slowing, Alphabet’s ( GOOGL ) ‘Waymo’ seemed poised to dominate the robotaxi market, and even some of Musk’s staunchest followers began to lose faith in him, voicing concerns that he was no longer interested in running Tesla. Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023. REUTERS/Tingshu Wang Purchase Licensing Rights , opens new tab Tesla futures chart volatility index remains elevated, suggesting increased market hedging. Analysts monitor Fed commentary as potential catalysts for futures price swings in the near term.