{"id":5343,"date":"2026-07-06T15:15:47","date_gmt":"2026-07-06T15:15:47","guid":{"rendered":"https:\/\/tradertideinsights.com\/?p=5343"},"modified":"2026-07-06T15:15:47","modified_gmt":"2026-07-06T15:15:47","slug":"tesla-stock-up-3-today-after-thursdays-selloff-whats-behind-the-rebound","status":"publish","type":"post","link":"https:\/\/tradertideinsights.com\/?p=5343","title":{"rendered":"Tesla stock up 3% today after Thursday’s selloff: what’s behind the rebound?"},"content":{"rendered":"
<\/div>\n

Tesla stock (TSLA) rose on Monday, recovering some of last week’s sharp losses after investors sold the stock despite a stronger-than-expected second-quarter delivery report.<\/p>\n

The rebound came as the electric-vehicle maker expanded its robotaxi service to Miami, adding another city to its autonomous ride-hailing network.<\/p>\n

Shares of Tesla climbed about 3% to $405.11 in early trading. <\/p>\n

The move was also supported by broader market optimism, with the S&P 500 up 0.6% and the Nasdaq climbing around 1%.<\/p>\n

Miami robotaxi launch marks latest expansion<\/h2>\n

The stock gained after Tesla announced that its robotaxi service became available in Miami from July 3, extending the company’s autonomous ride-hailing footprint beyond Texas.<\/p>\n

The expansion makes Florida the third state where Tesla’s robotaxi operations are available. <\/p>\n

The company launched its robotaxi service in Austin about a year ago and has since expanded to additional Texas cities. Tesla also operates a rideshare service in San Francisco.<\/p>\n

The rollout forms part of Chief Executive Officer Elon Musk’s broader strategy to position artificial intelligence, autonomous driving, and robotics as Tesla’s next major growth engines.<\/p>\n

Investors have closely watched the pace of Tesla’s robotaxi expansion<\/a>, although the rollout has remained gradual as the company prioritizes safety.<\/p>\n

Tesla has said it does not expect robotaxis to become a meaningful contributor to revenue and earnings until at least 2027.<\/p>\n

Delivery beat improves investor sentiment<\/h2>\n

Sentiment has also improved following Tesla’s second-quarter delivery report, which exceeded Wall Street expectations.<\/p>\n

Tesla reported 480,126 global vehicle deliveries during the quarter, representing a 25% increase from a year earlier. <\/p>\n

The company also reported that energy deployments rose 41%, extending the momentum of a business that has grown rapidly even as vehicle demand has fluctuated.<\/p>\n

The second-quarter performance followed a 6.3% year-over-year increase in deliveries during the first quarter.<\/p>\n

Gary Black, managing director of The Future Fund, said in a post on X that he expects Tesla shares to recover further as analysts revise their earnings forecasts.<\/p>\n

“I expect TSLA stock to rebound this week as the sell-side climbs over one another to increase 2Q and FY’26 earnings ests,” Black said, adding that higher earnings projections “could boost TSLA price targets.”<\/p>\n

Black nevertheless argued that Tesla’s valuation remains demanding. <\/p>\n

He said the stock trades at a 2026 price-to-earnings multiple of more than 200 times despite expected long-term earnings-per-share growth of roughly 35% between 2027 and 2032.<\/p>\n

According to Black, that “continues to suggest TSLA is fully priced.”<\/p>\n

He also suggested that higher gasoline prices during the quarter may have contributed more to stronger vehicle demand than growing enthusiasm around autonomous driving.<\/p>\n

Analysts maintain constructive outlook<\/h2>\n

Morgan Stanley analyst Andrew Percoco said Tesla’s second-quarter deliveries exceeded sell-side consensus estimates by 18% and represented the company’s strongest vehicle growth since the third quarter of 2023<\/a>.<\/p>\n

The firm maintained its Equal Weight rating and a $415 price target.<\/p>\n

Separately, Baird reiterated its Outperform rating and $522 price target after Tesla’s second-quarter results surpassed both the firm’s own forecasts and broader consensus expectations.<\/p>\n

Baird also highlighted Tesla’s energy storage business, noting that deployments reached 13.5 gigawatt-hours during the quarter, up approximately 41% year over year. <\/p>\n

While acknowledging that energy deployments can be uneven from quarter to quarter, the firm described the results as a positive development and said its constructive outlook on Tesla remains unchanged.<\/p>\n

Tesla is scheduled to report its full second-quarter financial results after the market closes on July 22.<\/p>\n

The post Tesla stock up 3% today after Thursday's selloff: what's behind the rebound?<\/a> appeared first on Invezz<\/a><\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Tesla stock (TSLA) rose on Monday, recovering some of last week’s sharp losses after investors sold the stock despite a stronger-than-expected second-quarter delivery report.The rebound came as the electric-vehicle maker expanded its robotaxi service to Miami, adding another city to its autonomous ride-hailing network.Shares of Tesla climbed about 3% to $405.11 in early trading. The…<\/p>\n","protected":false},"author":1,"featured_media":5344,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-5343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock"],"_links":{"self":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/5343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5343"}],"version-history":[{"count":0,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/posts\/5343\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=\/wp\/v2\/media\/5344"}],"wp:attachment":[{"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradertideinsights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}