Watch These Tesla Levels as Stock Soars Following Robotaxi Service Rollout
Key Takeaways
- Tesla shares jumped 8% on Monday after the EV maker launched its highly anticipated autonomous robotaxi vehicle service on Sunday in Austin, Texas.
- The stock broke out from the pennant on above-average volume in Monday’s trading session, setting the stage for a new leg higher.
- Investors should watch key overhead areas on Tesla’s chart around $365, $430 and $489 while also monitoring an important support level near $285.
Tesla (TSLA) shares surged Monday after the EV maker launched its highly anticipated autonomous robotaxi vehicle service on Sunday in Austin, Texas.
While the rollout was limited, CEO Elon Musk has said in past interviews that the company plans to quickly expand to more cities and potentially hundreds…