The Vantage Tesla CFD was last at $396.56 as of 05:02 UTC on 10 June 2026 (13:02 GMT+8), up 0.97% on the four-hour session after a week in which TSLA shed 6.6% following a stronger-than-expected US jobs report.^[1] With SpaceX set to begin trading on Nasdaq on 12 June at a fixed $135 per share, the next 48 hours carry more event risk than a typical mid-week session.

Prices are sourced from the Vantage Tesla CFD. This is not financial advice.

Key Points

• Tesla CFD traded at $396.56 at 05:02 UTC on 10 June 2026, with the 4H 50-period MA at $402.73 and the 4H 200-period MA at $420.94 both sitting above price as resistance on the TradingView setup used for this analysis.
• SpaceX’s Nasdaq debut is scheduled for 12 June 2026 at $135 per share, raising $75B at a target valuation of $1.77 trillion, which CNBC reported on 3 June 2026 would put SpaceX above Tesla by market capitalisation at the time of that filing.^[2] Tesla holds 18,990,195 SpaceX Class A shares as disclosed in the SpaceX IPO filing, valued at $2.56 billion at the $135 IPO price.^[2]
• According to Tesla’s Q1 2026 SEC filing, total revenue was $22.39 billion (up 16% year-on-year) and operating cash flow was $3.94 billion, with free cash flow of $1.44 billion. Management guided for over $25 billion in capital expenditure for 2026 and flagged negative free cash flow for the rest of the year.^[3]

What the 4H Chart Shows

The four-hour TSLA chart shows a stock that peaked near $480 in December 2025 before selling off sharply to a low around $335 in early April 2026. Since then, price has recovered but has so far been unable to reclaim either moving average.

As of the 05:02 UTC candle, the 4H 50-period MA sits at $402.73 and the 4H 200-period MA sits at $420.94 on the TradingView setup used for this analysis, both above the current price of $396.56 and both in a declining trend.

The RSI (14) reads 39.82 on the primary line and 43.29 on the signal line on the TradingView setup used for this analysis, placing momentum in the lower half of its range without reaching oversold territory. Volume on the Vantage CFD feed is 1.63M on the current candle, consistent with recent sessions.

The SpaceX IPO and What It Means for Tesla Stock News Today

SpaceX set a fixed $135 IPO price in an SEC filing on 3 June 2026, with 555.6 million shares on offer for a $75 billion raise.^[2] CNBC reported at the time of that filing that SpaceX’s $1.77 trillion target valuation would put it above Tesla by market capitalisation, based on Tesla’s market cap at the time of that report.^[2]

The same CNBC filing report confirmed that Tesla is the beneficial owner of 18,990,195 SpaceX Class A shares, valued at $2.56 billion at the $135 IPO price.^[2] Tesla disclosed a $2 billion SpaceX equity investment in its Q1 2026 Form 8-K filed on 22 April 2026.^[3]

Joe Gilbert, portfolio manager at Integrity Asset Management, said in commentary reported by Bloomberg that the listing “cannot be a positive for Tesla,” arguing Musk’s attention is likely to shift predominantly toward SpaceX.^[4] BNP Paribas analyst James Picariello estimates that retail investors hold roughly 40% of Tesla shares, and the concern is that the IPO splits that retail base.^[5]

Where the Fundamentals Stand

According to Tesla’s Q1 2026 SEC filing, total revenue was $22.39 billion, up 16% year-on-year, with automotive revenue up 20% to $15.47 billion and services revenue up 42% to $3.75 billion.^[3] GAAP operating income was $0.9 billion with a gross margin of 21.1%, up from 16.3% a year earlier.

The filing shows free cash flow of $1.44B for Q1, with $44.74 billion in cash and short-term investments at quarter end. Tesla guided for over $25 billion in capital expenditure for the full year 2026 and stated it expects negative free cash flow for the remainder of the year as it funds six new production lines, AI infrastructure, and global manufacturing expansion.^[3]

The company launched unsupervised Robotaxi rides in Dallas and Houston in April 2026. Tesla’s next earnings release is scheduled for 29 July 2026.

Levels to Watch

The table below covers reference zones from the 4H chart. These are not trade signals.

Table 1: Key levels as of 05:02 UTC, 10 June 2026. Sources: Vantage Tesla CFD, TradingView. Indicative only.

What to Watch

• US CPI, 11 June 2026: Inflation data arrives one day before the SpaceX IPO. A surprise in either direction reshapes rate expectations and could affect broad technology stock positioning heading into that session.
• SpaceX Nasdaq debut, 12 June 2026: First-day price action for SpaceX under the ticker SPCX is likely to generate headlines that cross into Tesla sentiment and positioning.
• Tesla Q2 2026 earnings, 29 July 2026: The next scheduled earnings release. Management commentary on Robotaxi ramp, free cash flow, and CapEx trajectory will be closely watched given the heavy capital spending cycle now under way.
• 4H 50-period MA ($402.73) and 4H 200-period MA ($420.94): Both remain above current price and declining on the TradingView setup used for this analysis. Market participants often monitor this band as near-term resistance.

Tesla CFD sessions have seen single-day moves exceeding 5-6% in recent weeks. With CPI and the SpaceX IPO both landing in the next 48 hours, market participants often monitor the $380 area and the $402-$421 moving-average band during periods of heightened event risk.

Trading Tesla CFDs involves leverage, which amplifies both potential returns and potential losses against the margin deposited. Position sizing relative to account equity is one factor market participants often consider during event-driven sessions. Leverage is a double-edged instrument.

RISK WARNING: CFDs are complex financial instruments and carry a high risk of losing money rapidly due to leverage. You should ensure you fully understand the risks involved and carefully consider whether you can afford to take the high risk of losing your money before trading.

Disclaimer: The information is provided for educational purposes only and doesn’t take into account your personal objectives, financial circumstances, or needs. It does not constitute investment advice. We encourage you to seek independent advice if necessary. The information has not been prepared in accordance with legal requirements designed to promote the independence of investment research. No representation or warranty is given as to the accuracy or completeness of any information contained within. This material may contain historical or past performance figures and should not be relied on. Furthermore estimates, forward-looking statements, and forecasts cannot be guaranteed. The information on this site and the products and services offered are not intended for distribution to any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

References

[1] “Tesla (TSLA) stock surges 5% as SpaceX IPO approaches : GuruFocus” https://www.gurufocus.com/news/8906533/tesla-tsla-stock-surges-as-spacex-ipo-approaches Accessed on 10 June 2026.

[2] “SpaceX targets fixed $135 IPO price for roadshow : CNBC” https://www.cnbc.com/2026/06/03/spacex-ipo-stock-price-roadshow-musk.html Accessed on 10 June 2026.

[3] “Tesla, Inc. Form 10-Q Q1 FY2026 : SEC EDGAR” https://www.sec.gov/Archives/edgar/data/0001318605/000162828026026673/tsla-20260331.htm Accessed on 10 June 2026.

[4] “SpaceX IPO could be bad news for Tesla stock, investors warn : Fortune” https://fortune.com/2026/05/21/spacex-ipo-hurt-tesla-retail-investors/ Accessed on 10 June 2026.

[5] “SpaceX IPO adds second Musk stock. It’s a problem for Tesla : Yahoo Finance / Bloomberg” https://finance.yahoo.com/markets/stocks/articles/spacex-ipo-add-another-musk-173745847.html Accessed on 10 June 2026.

[6] “Tesla Q1 2026 earnings results : Teslarati” https://www.teslarati.com/tesla-tsla-q1-2026-earnings-results/ Accessed on 10 June 2026.

[7] “Tesla owns nearly 19 million SpaceX shares : Yahoo Finance” https://finance.yahoo.com/markets/stocks/articles/tesla-owns-nearly-19-million-231540882.html Accessed on 10 June 2026.

[8] “Tesla (TSLA) stock price and chart : TradingView” https://www.tradingview.com/symbols/NASDAQ-TSLA/ Accessed on 10 June 2026.