Tesla shares have traded in a tight $355–$375 band through early September 2026, with recent daily closes of $368.16, $367.81, and $363.56 anchoring trader expectations for a weekly settlement near current levels. Elevated diesel prices and Morgan Stanley commentary on the underappreciated earnings potential of the Tesla Semi have supported sentiment, while Cybercab rollout debates and softer China sales have capped upside. With the stock’s beta near 2.0 and options pricing modest moves into mid-September, the $365–$370 range captures the prevailing consolidation. A sharper reaction to upcoming economic data, regulatory updates on autonomous vehicles, or broader equity volatility could still shift the close outside this band before the week concludes.
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