This analysis is based on the TSLA 15-minute chart as of 16:14 (GMT+8) / 08:14 UTC on 6 July 2026, ahead of the US regular session. Tesla (NASDAQ: TSLA) share CFDs were last seen near $393.24 on the Vantage TSLA CFD, holding below both the 50-period and 200-period moving averages after a sharp pullback from June’s highs.

Tesla stock price today is trading in a tight range after last week’s steep drop, which followed a Q2 delivery beat, a fatal Tesla Semi crash under investigation in Nevada, and a wave of robotaxi and AI-cost headlines.

This piece translates the chart and the news; it does not call the trade. See latest TSLA Stock news here.

What the TSLA Stock Chart Is Showing Today

On the 15-minute chart, TSLA’s most recent candle opened at $391.98, reached a high of $394.18, dipped to a low of $390.93, and closed at $393.24, a gain of $1.31 (+0.33%) on the Vantage TSLA CFD, with volume of 334.96K, per the Vantage CFD feed.

The 50-period moving average sat at $395.61 and the 200-period at $410.96, based on the TradingView setup used for this analysis, with price trading below both lines since the sell-off that started on 2 July 2026. The RSI (14) reading sat at 34.49, with its signal line at 23.96, per the same setup. It moved out of oversold territory (below 30) earlier this week and now sits in the lower half of its range, a level traders associate with caution rather than a confirmed reversal.

Zooming out, TSLA rallied from around $370 in late June to a high near $432 on 1 July 2026, before 2 July 2026 erased much of that move in one red candle. Since then, price has held between roughly $391 and $400.

Why Tesla Share Price Fell 7.5% This Week

Tesla’s share price closed 7.49% lower on 2 July 2026 at $393.45, even after Q2 deliveries of 480,126 vehicles beat the Tesla-compiled consensus of 406,024 by roughly 74,000 units, or 18%^[1]. Deliveries were up 25% from the 384,122 delivered in Q2 2025^[2]. Tesla’s own report also showed production of 451,758 vehicles against 480,126 delivered, a gap of roughly 28,000 units several outlets described as an inventory drawdown^[2].

Reports pointed to a mix of factors: gains being locked in after the run-up into the print, renewed BYD competition in global EV sales, and a valuation some analysts said priced in Tesla’s artificial intelligence (AI) and autonomy ambitions well beyond its vehicle business. Shares also traded amid reports of a fatal crash involving a Tesla Semi on 28 June 2026 near Dayton, Nevada, killing two people; investigators say the cause is undetermined, with early accounts pointing to driver fatigue rather than the vehicle’s software^[3].

Separately, the NHTSA closed a four-year evaluation into unexpected braking across roughly 695,000 Model 3 and Model Y vehicles, citing low demonstrated hazard and a sharp drop in complaints; the agency issued no recall and noted the closure does not rule out a safety defect^[4]. The precise contribution of each factor cannot be isolated, but these developments coincided with the move.

Tesla News Today: Robotaxi Expansion and Cost Controls

In Tesla news today, Reuters reported Tesla’s robotaxi service was available in Miami from 3 July, extending beyond Texas and California^[5]. Tesla also told employees it would cap third-party AI spending at $200 weekly from 6 July 2026, per an internal memo first reported by The Information^[6], and launched a six-seat Long Wheelbase Model Y in the US and Puerto Rico, Reuters reported^[7].

Coverage also referenced a bank share-price forecast increase and another maintained rating after the delivery report; these come from third-party notes and should be checked against the original research.

Levels Traders Are Watching Into TSLA Earnings

Tesla’s next earnings report is scheduled for 22 July 2026^[8], the next major catalyst. The table below summarises the reference points on the TSLA chart above; these are observation levels, not signals.

Table 1: TSLA reference levels as of 16:14 (GMT+8) / 08:14 UTC, 6 July 2026. Source: the TradingView setup used for this analysis. Indicative only.

A close back above $395.61 would put $410.96 back in view. A move below the session low of $390.93 would keep price inside the lower half of the post-selloff range. Neither scenario is a forecast; both are simply the zones the chart currently defines.

What to Watch This Week

• Q2 Earnings, 22 July: Automotive margin and Full Self-Driving (FSD), Cybercab, and Optimus commentary.
• Robotaxi Rollout: Further city expansions beyond Texas, California, and Florida.
• Delivery Follow-Through: Whether lower Q2 inventory levels continue into Q3.
• More TSLA News: Monthly Tesla-BYD sales comparisons.

On risk management, TSLA has moved more than 7% in a single session this month, trading below both moving averages. In this environment, a Stop Loss placed near the session low of $390.93 or the $395.61 to $410.96 moving-average zone is one way traders frame exposure. A Stop Loss limits losses to a planned size; it does not remove the risk of loss.

Leverage works both ways when a share CFD like TSLA is moving fast, worth revisiting ahead of 22 July 2026 earnings. Position sizing relative to account equity, not the recent move’s size, is the more consistent approach as single-name volatility increases.

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 Q2 2026 Vehicle Delivery Production” – CNBC https://www.cnbc.com/2026/07/02/tesla-tsla-q2-2026-vehicle-delivery-production.html Accessed on 6 July 2026.

[2] “Tesla (TSLA) Q2 2026 Deliveries Jump 25% to 480,126, Beating Estimates” – Electrek https://electrek.co/2026/07/02/tesla-q2-2026-deliveries-480126/ Accessed on 6 July 2026.

[3] “Tesla’s Electric Semi Has Its First Fatal Crash” – Forbes https://www.forbes.com/sites/alanohnsman/2026/07/01/teslas-electric-semi-has-first-fatal-crash/ Accessed on 6 July 2026.

[4] “U.S. Closes 2022 Probe Into 695,000 Tesla Vehicles Over Unexpected Braking” – Reuters, via 93.3 The Drive https://www.933thedrive.com/2026/07/02/u-s-closes-2022-probe-into-695000-tesla-vehicles-over-unexpected-braking/ Accessed on 6 July 2026.

[5] “Tesla Rolls Out Robotaxi Service in Miami” – Reuters, via Yahoo Finance https://finance.yahoo.com/technology/ai/articles/tesla-rolls-robotaxi-miami-145913748.html Accessed on 6 July 2026.

[6] “Tesla Caps Employee AI Spend at $200 per Week After Adoption Push” – The Information https://www.theinformation.com/articles/tesla-caps-employee-ai-spend-200-per-week-adoption-push Accessed on 6 July 2026.

[7] “Tesla Launches Six-Seater Model Y Long Wheelbase in US, Puerto Rico” – Reuters, via TradingView News https://www.tradingview.com/news/reuters.com,2026:newsml_L4N4341FO:0-tesla-launches-six-seater-model-y-long-wheelbase-in-us-puerto-rico/ Accessed on 6 July 2026.

[8] “TSLA Stock Price – Tesla Chart” – TradingView https://www.tradingview.com/symbols/NASDAQ-TSLA/ Accessed on 6 July 2026.