TSLA is trading at $433.53 (+3.4%) after rebounding from yesterday's decline, driven by investor optimism following CEO Elon Musk's candid guidance on Cybercab and Optimus production timelines.
- Tesla's Megapack energy-storage business demonstrated concrete execution with the Brendale Battery system going live in Brisbane on January 20, proving the high-margin energy division's viability.
- Traders are pricing in renewed institutional focus on Tesla's AI chip roadmap ahead of the January 28 earnings call.
- The move aligns with broader market strength, as major indices rallied on Fed autonomy reassurance and easing trade war concerns.