After a solid multi-week run that saw Tesla Inc. (NASDAQ: TSLA) shares climb almost 30% from their late-July low, the rally has stalled. The stock has drifted back to around $360 as a regulatory cloud over its Cybercab robotaxi gives the bulls a reason to bank some profits.
The concern first surfaced in early September, when reports emerged that safety regulators were scrutinizing the vehicle's design, taking some of the wind out of the stock's sails.
