Tsla stock futures softened to $198
TSLA stock futures softened to $198.90 after broader market weakness on geopolitical headlines. Technical support remains intact near $195, with algorithmic models projecting rebound potential if macro volatility eases in upcoming trading sessions. Musk continues to focus on Tesla’s transformation beyond auto manufacturing. He expects the production of Optimus humanoid robots to surpass 100,000 units per month within five years. Additionally, the new Cybercab robotaxi, optimized purely for autonomous operation, could achieve operating costs below thirty cents per mile and should be a key revenue driver for the EV giant. With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $803 billion by 2028. Futures traders are eyeing TSLA stock futures at $201.25 as options market shows notable call skew for next week’s expiry. Bullish bets reflect confidence ahead of possible announcements on autonomous driving milestones, boosting market sentiment.
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