Tesla shares have gained ground the past two sessions after a five-day losing streak during which the stock lost 18% of its value. Monitor these important chart levels.

The analyst also noted in a CNBC interview that Tesla owners paying the additional $8,000 upgrade for existing vehicles to adopt FSD would result in a big boost in profit margin. That would help provide a return on the huge amount of capital Tesla spends on artificial intelligence (AI) infrastructure to develop FSD.

Investors wiped out all of Thursday’s losses with a big Friday gain, showing that current sales numbers aren’t what’s driving the stock.

Financial writer analyzes Tesla, Inc.'s performance, citing issues with declining deliveries, inflated valuation, and lack of growth. Click for this TSLA update.