Tesla shares turned higher on Friday after an early drop, supported by a broad rebound across the technology sector. Despite this move, the stock remained negative for the week, and its attempt to hold above the $400 level was short-lived.
The quotes were pressured by falling expectations of a December Fed rate cut, which traditionally weakens demand for risk assets. Additional pressure came from investor concerns about the pace of artificial intelligence spending in the coming quarters.
Meanwhile, analysts continue to focus on Tesla’s long-term prospects in autonomous technology and robotaxis. Forecasts from Morgan Stanley and Wedbush suggest that this segment could become a key driver of growth for the company in 2026.
Despite short-term fluctuations, some experts maintain an optimistic view of Tesla, noting the potential for recovery as interest in robotics and the development of the Optimus platform increases.