TradingKey – Tesla (TSLA) shares staged a noticeable rebound after consecutive pullbacks. In the latest trading session, the stock dipped to as low as $347.60 before buying interest returned, ultimately rising 4.23% to $358.22 and temporarily pulling away from its recent nearly two-month low. However, with its cumulative decline over the past week still exceeding 10%, this recovery is closer to a technical bounce from oversold levels; whether it can evolve into a fresh rally still hinges on whether the $350 support holds firm.

Just as market sentiment turned cautious, Cathie Wood chose to increase her holdings against the trend. She stated that ARK is capitalizing on pullbacks in Tesla and SpaceX shares to expand its positions, as both…