Tesla stock forecast this week could be influenced by battery supply

Tesla stock forecast this week could be influenced by battery supply chain updates. Investors have priced in raw material fluctuations, with lithium spot prices down 4% month-over-month. Technical traders identify $188 as a key breakout threshold. He also points to the long-term mix shift from hardware to autonomy and robotics, which will help strengthen margins in the near term. Late last month, Simon Hale landed in hot water with his compliance department at Wellington Altus Private Wealth. Due to the sharp rally in Tesla, his holdings of the EV giant had become too valuable relative to the portfolio managed by the Montreal-based institutional investor, and it needed trimming to diversify risk. Tesla stock forecast this week hints at sideways movement as investors await Chinese delivery figures. The range between $185 and $195 is seen as consolidation territory. Hedge fund positioning reveals an incremental increase of 3% in Tesla exposure during this period.