Tesla (TSLA) Weekly Review

🔵【Tesla Weekly Overview | June 9–13】$Tesla(TSLA.US)

📈 Weekly Performance

Weekly Gain: Closed the week at $325.31, up from $308.58 on Monday → +5.4 %
Benchmark Comparison: Outperformed the S&P 500 by approximately. +3.4% (S&P 500 gained ~+2.0%) Avg.
Daily Volatility: ~±3.8% range – higher than sector average, attractive to short-term traders

📌 Key Technical Levels

$310 (Short-term support): Re-tested twice early in the week without breaking below ✔️
$330 (Resistance): Attempted a breakout on Thursday, but failed to hold

⚠️June 9：Baird & Argus downgraded TSLA to “Hold” due to Musk-Trump tension, overhype of robotaxi, and subsidy uncertainty. Initial drop, later recovery, closing +4.6%

⚠️June 12：Robotaxi warm-up campaign in Austin fuels optimism. Closed up +2.5%

⚠️June 13: Progress on AI/robotics noted Closed at $325.31, slightly up

💡 Weekly Forecast & Strategy

Short-Term (1–2 weeks):
If $310–320 support holds, consider adding positionsBreakout above $330 opens path toward $340–350 zone.
Break below $310 suggests pullback risk to $295–300

Medium-Term (1–3 months):
Robotaxi reception may drive revaluation Q2 earnings/delivery metrics are critical
AI & robotics arm offers long-term growth potential