Billionaire investor Leo KoGuan, known for his significant Tesla holdings, doubled his position in Nvidia to 2 million shares. He deployed roughly $350 million during recent market volatility, signaling confidence in AI chip demand. The move could reorient perceptions of his portfolio focus and influence broader tech sentiment.

Crude oil surpassed $100 per barrel following closures in the Strait of Hormuz and regional infrastructure attacks. Elevated energy costs can tighten consumer budgets and dampen demand for high-ticket items such as electric vehicles. This dynamic has contributed to Tesla shares trading lower.

Potential export restrictions on semiconductor components from Chinese subsidiaries of Nexperia have resurfaced, raising supply chain risks. These chips, including power-management units and integrated circuits, are essential to modern EV production. Any disruption could delay Tesla’s manufacturing schedules.

Tesla shares are trading below their 20-, 50- and 100-day moving averages, indicating bearish momentum. The RSI holds near neutral at about 40, while the MACD sits below its signal line, suggesting further pressure. Key support stands near $387.50 with resistance around $420.50, framing potential turning points.