On September 1, Tesla Motors fell 3.22% in regular trading, trading at $355.41/share with turnover of $1.655 billion, pulling back sharply after accumulating an over 18% gain in August that had outpaced major US and Chinese EV peers.

The decline came as profit-taking pressure mounted on the first trading day of September despite the upcoming Cybercab launch event scheduled for September 3 in Austin, Texas. Mixed European registration data weighed on sentiment: August registrations plunged 79% year-over-year in Norway, 78.8% in Spain, and 41.4% in Sweden, partially offset by a 279% surge in France and 104% rise in Denmark.

Bearish options activity further reinforced the cautious tone, with a prominent $1.344 million synthetic put combination targeting medium-term downside, alongside a $319,000 bear call spread. According to one valuation model, Tesla appeared approximately 10.3% above its estimated fair value of $333.70/share. Analysts remain divided, with 46 analysts providing an average 12-month target of $390.09 but targets ranging from $125 to $600.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)