Tesla eyes $373 as Cybercab launch approaches

Tesla eyes $373 as Cybercab launch approaches
Holding $351.25 keeps the July gap in focus.

​Tesla pulled back to $348.95 after failing to close the July gap, putting the $351.25 level back in focus. At the same time, the approaching Cybercab launch is providing the market with a fresh fundamental catalyst.

Tesla will hold an event in Austin on September 3 focused on the launch of Cybercab, its two-seat autonomous vehicle without a steering wheel or pedals. The company is already accepting participants through its Robotaxi program, while Cybercab is expected to mark the next stage in the expansion of Tesla’s autonomous service.

At the same time, Tesla is gradually reshaping its Energy business. The company has stopped selling its premium Solar Roof and is shifting its focus toward conventional solar panels. Tesla still has broader ambitions in solar energy, including a planned $10.1 billion solar-cell manufacturing facility in Texas.

Holding above $351.25 keeps the $373 gap in focus 

The scenario from the previous analysis played out partially. Tesla stock decisively broke above resistance at $351.25 and tested the 50-day SMA near $366, but failed to close the July 22 gap around $373.

The price then pulled back to $348.95, making $351.25 the key level for today’s session.

If the stock can move back above this level and hold there, the recovery could continue toward $373, where the July gap remains unfilled.

A sustained move below $351.25, by contrast, would increase selling pressure and raise the probability of a decline toward the $342–337.50 area.

Cybercab could define Tesla’s next growth phase

The September 3 Cybercab launch is becoming the next major test for Tesla’s autonomous-driving strategy. Investors will be watching not only the vehicle itself but also how quickly the company can turn Robotaxi from a technology project into a scalable commercial business.

Until then, the stock could remain highly sensitive to technical levels. A move back above $351.25 would support another attempt toward $373, while failure to reclaim the level would keep correction risks in focus.

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