Key TakeawaysTesla shares have recovered the lion’s share of losses that followed Elon Musk's public feud with President Donald Trump, as investors await the automaker's upcoming robotaxi launch.Tesla bulls have recently defended the 50- and 200-day moving averages in a move that has coincided with the relative strength index reclaiming its neutral threshold to signal a recovery in price momentum.

Musk's reaction surprised market participants, especially considering he had reportedly invested nearly $300 million

Tesla ( TSLA 5.66%) stock has tumbled 22% year to date amid a myriad of business and political headwinds, and Wall Street anticipates further declines. The average target price among 55 analysts is $289 per share, which implies 8% downside from the current share price of $316.