Tesla, Inc. (TSLA) is trading at $391.93, gaining $9.48 or 2.48% for the day. The stock price remains below its 20-, 50-, and 200-day simple moving averages, reflecting ongoing selling pressure in both the medium and long term.
Tesla will build advanced semiconductor factories Terafab in Austin to address the chip shortage affecting the development of its AI and robotics.
Tesla's registration in Europe grew by 11.8% in February, reflecting renewed demand and supporting the company's recent momentum.
Tesla is trading below key moving averages with weak signals of overall momentum; the price is expected to fluctuate in the range of $388.84 to $393.99 next week.$TSLA

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