Dated end-of-day edition
JW Intelligence Report

Tesla Inc / TSLA

StockConsumer DiscretionaryAutomobiles
JW Rank57.5/ 100
Official close$362.05-5.76 (-1.57%)
Bid$361.90
Ask$362.19
Previous close$367.81
ATR (14)4.03%
RSI (14)53.7
Volume22.05M
Model reference$360.00
Upside scenario$385.00
Risk reference$348.00
Decision summary

TSLA Option Market Shows Mixed Sentiment Amidst Regulatory and Growth Concerns

BalancedHigh confidence

The TSLA option market displays a mixed outlook, reflecting both bullish catalysts and significant headwinds. While record deliveries, strong FSD subscriber growth, and a positive short-term technical setup contribute to potential upside, concerns surrounding the NHTSA probe into Cybercab, weak Chinese sales, high capital expenditures, and regulatory risks create uncertainty. The term structure is backwardated, with near-term IV exceeding longer-term IV, suggesting heightened volatility expectations in the near future.

Wheel contextThe market appears to be pricing in both potential upside from strong fundamentals and downside risk from regulatory uncertainty and competition.
Dated supporting context

JW AI outlook

Mixed

Short-term scenario

Hold / wait for dip (1-3 weeks); mixed technicals, valuation, and news create high uncertainty around robotaxi regulation and near-term sales. Avoid chasing.

Three-month outlook

Neutral-to-modestly positive toward analyst target area (~$390) if robotaxi scaling, FSD approvals, and Oct 21 earnings provide catalysts, but high uncertainty from NHTSA probe, China weakness, massive CapEx cash burn, and premium valuation. Volatility likely; outcomes range widely depending on execution vs. regulatory/competitive risks.


Market sentiment context

Mixed-to-cautious overall. Sentiment scores recently recovered to ~4/10 after prior negatives; posts note YTD decline, sales softness, rich valuation, and unproven robotaxi unit economics vs. some dip-buying interest ($340-350 zone) and optimism on FSD/Optimus. Divided views with notable caution against chasing current levels.

Observed market data

Price and technical structure

Dated end-of-day indicator set
Trend reference levels11 observations
20D SMA$353.86
50D SMA$355.70
200D SMA$399.05
9D EMA$361.65
21D EMA$355.32
20D MVWAP$355.03
YTD VWAP$393.97
Daily reference VWAP$363.48
Price vs 20D SMA2.74%
Price vs 50D SMA2.21%
Price vs 200D SMA-8.89%
Momentum kinematics10 observations
RSI (7)54.09
RSI (14)53.74
RSI (21)51.88
Stochastic K60.60
Stochastic D61.38
MACD line4.95
MACD histogram2.72
ADX (14)23.37
MACD acceleration0.43
RSI velocity0.94
Volatility and price boundaries11 observations
ATR (14)-0.20
ATR (14) %4.03%
Bollinger upper$376.03
Bollinger middle$353.86
Bollinger lower$331.68
Bollinger position0.72%
Volatility environmentHigh
20D realized volatility51.92%
Observed range position51.38%
5D true high$384.04
5D true low$351.32
Participation and institutional flow7 observations
Volume22.05M
20D average volume29.61M
Volume vs 20D average0.74x
20D SMA velocity1.81
50D SMA velocity-0.75
Institutional flow1.38
ATR velocity-0.20
Available cached indicators

Detailed decision indicators

Dated authorized values
Market overview7 observations
Price$362.05
DateSep 10, 2026
Volume22.05M
Vwap D$363.48
Mvwap 20$355.03
Change-5.76
Change Percentage 1.57%
Trend structure6 observations
Trend SignalBearish Warning
Sma 20$353.86
Sma 50$355.70
Sma 200$399.05
Ema 9$361.65
Ema 21$355.32
Momentum structure9 observations
Rsi 754.09
Rsi 1453.74
Rsi 2151.88
Rsi SignalNeutral
Stoch K60.60
Stoch D61.38
Macd Line4.95
Macd SignalBullish
Macd Hist2.72
Volatility structure3 observations
Atr14.65
Atr Pct4.03%
EnvironmentHigh
Option market context3 observations
Current Iv39.72
Iv Rank19.60
Iv Percentile9.16%
Price boundaries8 observations
Bb Upper376.0
Bb Middle353.9
Bb Lower331.7
Bb Pctb0.72
True High$369.21
True Low$357.68
True High 5d$384.04
True Low 5d$351.32
Three-day velocities7 observations
Sma20$1.81
Sma50$-0.75
Mvwap20$1.38
Macd0.43
Rsi0.94
Volume-8.64M
Atr-0.20
Risk radar5 observations
Earnings RiskLow
Earnings DateOct 21, 2026
Macro RiskUnknown
Vol RiskHigh
Structure RiskLow
Deterministic scoring

JW Rank factors

Higher scores indicate stronger observed structure
LiquidityTrading capacity and quote quality proxyCoverage 100%
99
Strategy FitGeneric Wheel premium-selling environment fitCoverage 100%
65
Technical TrendPrice trend, momentum and long-term structureCoverage 100%
60
Market Tail RiskMarket-wide volatility and tail-risk regimeCoverage 100%
56
Fundamental QualityBusiness quality and balance-sheet durabilityCoverage 100%
38
Volatility PressureOption premium pressure relative to realized movementCoverage 100%
31

JW Rank is not a buy/sell rating, and coverage measures field availability—not accuracy or certainty.

Options Intelligence

What the closing chain was pricing

TSLA Option Market Shows Mixed Sentiment Amidst Regulatory and Growth Concerns

The TSLA option market displays a mixed outlook, reflecting both bullish catalysts and significant headwinds. While record deliveries, strong FSD subscriber growth, and a positive short-term technical setup contribute to potential upside, concerns surrounding the NHTSA probe into Cybercab, weak Chinese sales, high capital expenditures, and regulatory risks create uncertainty. The term structure is backwardated, with near-term IV exceeding longer-term IV, suggesting heightened volatility expectations in the near future.

Front ATM IV49.78%
Current IV40.71%
IV Rank22.88
IV Percentile12.75%
25Δ skew-0.56
Term slope-9.07
Term structureBackwardation
Quote coverage100%
Median option spread2.25%
Term structure

Implied volatility by expiration

3 observed expirations
49.8%40.1%
ExpirationDTEATM IVState
2026-09-111.0049.78%
2026-09-166.0040.11%
2026-09-2515.0040.71%
Reference structures

Defined-risk observations

Bull Put Spread Reference

Expiration
Short strike$360.00
Long strike$357.50
Net credit / share$0.58
Credit / width23.00%
$58$-192$356.13$361.38Expiration payoff per standard 100-share contract

Bear Call Spread Reference

Expiration
Short strike$372.50
Long strike$375.00
Net credit / share$0.49
Credit / width19.80%
$49$-201$371.13$376.38Expiration payoff per standard 100-share contract
Evidence used
  • The 25-delta skew is balanced, indicating a neutral market view on potential directionality.
  • Implied volatility is elevated at 40.71%, reflecting uncertainty surrounding upcoming events like the NHTSA probe and earnings release.
  • Short-term technical indicators are mixed-to-bullish, with price above the 50-day SMA but below the 200-day SMA.
  • The term structure is backwardated, with near-term IV exceeding longer-term IV, suggesting heightened volatility expectations in the near future.
Risk context
  • NHTSA probe into Cybercab safety could negatively impact TSLA's autonomous driving ambitions.
  • Continued weakness in Chinese sales despite incentives raises concerns about global demand.
Strategy intelligence

Structural fit, not a trade instruction

Wheel fit score64.80

The market appears to be pricing in both potential upside from strong fundamentals and downside risk from regulatory uncertainty and competition.

Execution intelligence

Liquidity and quote conditions

Dollar volume$8.02B
Underlying bid/ask spread0.05%
Option quote coverage100%
Median option spread2.25%
Fundamental intelligence

Business quality context

Factor score37.80
Coverage100%

Business quality and balance-sheet durability

Latest strategy observation

TSLA Covered Call signal

Sep 10, 2026 9:39 AM EDT

Covered Call | 2026-09-11 | short $362.50 | $4.45 credit | High turnover

Generalized structural observation only; no quantity, order instruction or personalized recommendation is provided.

Company and fundamental profile

Tesla Inc at a glance

Dated valuation, quality, growth and shareholder context

Market position and valuation

Market capitalization$1.45T
P/E (TTM)367.4×
Beta1.75
52-week range$297.38 – $498.83
52-week return6.28%
Shares outstanding3.95B

Profitability and financial quality

Return on equity4.57%
Operating margin4.22%
Net margin3.67%
Debt / equity0.10×

Growth and cash generation

Revenue growth (3Y)5.19%
EPS growth (3Y)-33.28%
Free cash flow CAGR (5Y)18.16%
Revenue / share (TTM)29.27
Book value / share23.13

Trading and reference facts

MarketNasdaq Nms Global Market
CountryUs
CurrencyUsd
IPO dateJun 29, 2010
Company website
Methodology, edition and field coverage
EditionOfficial Close
Ready sections3 / 3
Report identity896e48661a353c6951ba343e

JW Rank is deterministic and is not a buy/sell rating. Narrative sections explain dated evidence and do not change the score or observed facts. Coverage measures field availability, not accuracy or certainty. This public edition remains fixed.

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Important disclosures. Generalized market-structure research only. This report does not consider holdings, objectives, risk tolerance or financial circumstances and is not an investment recommendation, transaction instruction, offer, solicitation or return forecast. Market data, model scores and AI explanations may be delayed, incomplete or incorrect. Past, hypothetical, model and settled-signal results do not predict future results. Options are complex and may involve loss of the entire premium, substantial or theoretically unlimited loss, assignment, early exercise, margin, liquidity and execution risk. Before trading standardized options, read the OCC’s Characteristics and Risks of Standardized Options. Terms of Use · Privacy Policy