Watch These Tesla Levels as Stock Rises After Musk Says DOGE Role Will Diminish
Key Takeaways
- Tesla shares jumped more than 5% in extended trading on Tuesday as CEO Elon Musk’s comments during the EV maker’s earnings call overshadowed quarterly results that came in well below Wall Street expectations.
- An earnings-driven rally sets the stage for a potential breakout from a month-long pennant pattern.
- Investors should monitor key overhead areas on Tesla’s chart around $315 and $384, while also watching support levels near $206 and $170.
Tesla (TSLA) shares jumped in extended trading on Tuesday as CEO Elon Musk’s comments during the EV maker’s earnings call overshadowed quarterly results that came in well below Wall Street expectations.
Musk told investors and analysts that, starting next month, he will…