TradingKey – Shares of Tesla (NASDAQ: TSLA) at $416.39 are pulling away from its 0.618 Fib at $403.39 and its uptrend line after rallying 6.62% on July 6, which was the stock’s best 1-day gain since the selloff after Q2 deliveries were reported on July 2. The RSI sits at 56.89, which is neutral but above 50, with upside room to the upside and no bearish divergence.

Three events helped support Monday’s bounce: the Tesla robotaxi debut on July 5 in Miami, a report that Tesla’s European registrations more than doubled from a year ago as it rose 57.2% to 118,068 vehicles during the first five months of 2026, and the NHTSA decided to wrap up its 2022 investigation of approximately 695,000 Model 3 and Model Y vehicles over unexpected braking…