Tesla (TSLA) shares rose 1.89% to close at $425.21 as the company announced a strategic pivot toward high-volume commercial and autonomous operations. CEO Elon Musk projected that the robotaxi fleet will double monthly, aiming for 50% coverage of the U.S. by year-end.
- The Tesla Semi is entering high-volume production this year, potentially supported by $165 million in California incentives.
- Analysts from Wicked Stocks suggest that maintaining current price levels could trigger an aggressive up-pivot toward a target of $436.