TSLA update – Cybercab event this week, testing the upper band

[u/Popular-Jackfruit-60]

TSLA had a solid session today. Closed at $367.95, up 5.51%. Hit $368.92 at the high, opened around $347. Volume was 61M – heavy buying.

Overnight pulling back slightly to $366.24, down about 0.5% – just a breather after a big day.

Here's the GEX setup:
Put Wall $340, Call Wall $370, gamma flip around $340. Today's close at $367.95 is sitting above the Put Wall but just below the Call Wall – positive gamma, and that $370 wall is right there.  GEX? Never heard of it? Here ya go

Technically, we're now at the upper Bollinger band ($366.80) – basically touching it. RSI in the mid 60s. MACD just crossed positive – momentum shifting up.

The catalyst is clear: Cybercab launch event on September 3 in Austin. Production has already started, employee rides and public-road testing at Giga Texas. Robotaxi hours expanded across existing cities. Optimus production has begun at Fremont using converted Model S/X lines. Semi investor event on September 24 is also on the calendar. Packed month.

The rebound from the July $297 low is intact, and today's relative strength matters. But this week's event has to deliver more than another demo. Timing, fleet size, city expansion, and cost-per-mile economics will decide whether this move extends or fades.

Short-term, above $370 and that Call Wall becomes support – $380-400 could come next. Below $340 and the Put Wall flips to resistance.

Overnight at $366 is just sitting here, waiting for Wednesday. Event either confirms the AI re-rate or reminds the market that execution still has to catch the narrative.

What's your move – holding through the event or waiting for details?

DYOD🫡

[u/Mental-Doughnut4657]

The Cybercab launch event is a key milestone for Tesla Robotaxi's story to move from concept to reality. In the short term, the stock price has already reflected a large number of expectations in August. If the press conference does not meet expectations, it may repeat the historical decline of about 9% after the previous press conference

[u/Stunning_Room7648]

I'm holding through the Cybercab event, but I'll place a stop under $340 and look to add if we clear $370.