What will Tesla, Inc. (TSLA) hit in September 2026?
Tesla shares opened September 2026 near $356 after closing August at $368, with traders focused on the September 3 Cybercab robotaxi unveiling as the dominant near-term catalyst. Q2 results featured record 480,126 vehicle deliveries and $28.2 billion revenue, yet operating margins contracted sharply and free cash flow turned negative amid more than $25 billion in projected 2026 capex. Full self-driving subscriber growth and Nevada robotaxi approval have bolstered autonomy narratives, while mixed European registrations and a large China recall highlight execution risks. Analyst consensus targets cluster near $390, implying modest upside from current levels, though elevated valuation multiples leave room for volatility around regulatory milestones and margin trends.