Tesla shares rose nearly 2% in premarket trading, extending gains amid improved sentiment toward EV demand and AI development. The increase follows reports of stronger June deliveries in China and bullish analyst commentary on the company’s autonomous driving technology.
The stock’s movement reflects growing confidence in Tesla’s ability to maintain market leadership despite competition, with investors particularly focused on upcoming Q2 delivery figures. Technical indicators suggest potential for further upside if key resistance levels are breached.
While macroeconomic concerns persist, Tesla’s diversified business lines including energy storage and AI initiatives continue to attract investor interest. The market appears to be pricing in expectations for sustained growth across the company’s various segments.
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