TLDR
- Tesla trades near $410 as Tigress launches coverage with a $550 price target
- TSLA stays volatile while China sales fall 45% year over year
- Wall Street backs Tesla’s AI expansion despite weaker China data
- Tesla expands FSD-linked insurance as shares fluctuate near resistance
- China’s demand drops as Tesla pushes robotaxis and AI growth plans
Tesla, Inc. (TSLA) shares traded at $410.58 on Thursday, down 0.27% intraday amid sharp price swings. The stock rebounded mid-morning but failed to hold gains near $414. The move reflected active trading as markets weighed expansion plans against weakening China sales data.
Tesla Holds Near $410 After Intraday Reversal
TSLA moved between early losses and a brief rally during morning trading. The price approached $414 before reversing and slipping back toward $410. The session showed resistance near $412 to $415 and support near $407 to $408.
Earlier weakness pushed shares below $408 before buyers stepped in. However, selling pressure returned as the rally lost strength. Trading volume increased during the rebound and remained elevated into midday.
The company remains part of the Goldman Sachs EV and Battery Stocks group. It operates as a vertically integrated electric vehicle manufacturer. In addition, it develops battery systems and real-world artificial intelligence software.
Tigress Financial Starts Coverage With $550 Target
On February 12, 2026, Tigress Financial initiated coverage on Tesla with a Buy rating. The firm assigned a $550 price target based on long-term growth expectations. The coverage highlighted Tesla’s shift beyond electric vehicles toward a broader technology platform.
Tigress Financial pointed to rising Full Self-Driving subscriptions as a revenue driver. It also referenced planned robotaxi services and the development of Optimus humanoid robots. The firm described these businesses as part of a physical AI platform strategy.
Tesla continues to expand software-enabled services alongside its vehicle lineup. The company integrates hardware, software, and energy storage products within one ecosystem. As a result, management positions Tesla as both an automaker and a technology developer.
China Sales Drop and Insurance Partnership Launch
On February 12, 2026, the China Passenger Car Association released January sales data. Tesla’s domestic China sales fell 45% year over year to 18,485 units. The total marked the company’s lowest monthly retail result in China since November 2022.
The figures indicated softer demand in the world’s largest electric vehicle market. China represents a significant share of Tesla’s global deliveries. Monthly fluctuations in that region carry weight for overall performance.
Lemonade launched Lemonade Autonomous Car Insurance on January 21, 2026. The product integrates with Tesla’s Full Self-Driving system and adjusts per-mile rates. Deployment began in Arizona on January 26 and expanded to Oregon in February.
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