Tesla stock forecast this week shows volatility as shares hover near $190, reacting to mixed sentiment over Q2 delivery expectations. Traders are eyeing the 50-day moving average at $186 as a potential support, while resistance stands at $ Tesla reported second-quarter results that showcased near-term headwinds and ambitious plans. The EV maker launched its robotaxi service in Austin, offering fully autonomous rides, a key milestone despite operating with just a handful of vehicles. CEO Elon Musk announced plans to dramatically expand the service area within weeks, aiming to reach half of the U.S. population by year-end, pending regulatory approvals. Tesla Cybertruck achieves positive gross margin for first time Industry watchers see Tesla stock forecast this week factoring global EV demand conditions. The Bloomberg EV Index climbed 0.8% yesterday, often seen as a leading indicator for Tesla sentiment. Incremental deliveries in Europe could shift intra-week price action.
