Watch These Tesla Price Levels as Stock Plunges Amid Musk-Trump Feud
Key Takeaways
- Tesla shares plunged 14% on Thursday amid an intensifying spat between CEO Elon Musk and President Donald Trump.
- The price broke down from a rising wedge pattern this week, indicating a resumption of the stock’s longer-term downtrend that started in December.
- Investors should watch major support levels on Tesla’s chart around $265, $215 and $170, while also monitoring a key overhead area near $365.
Tesla (TSLA) shares plunged on Thursday, pushing the EV maker out of the exclusive $1 trillion club amid an intensifying spat between CEO Elon Musk and President Donald Trump.
In recent days, Musk had criticized a sprawling tax and spending bill currently before Congress, prompting the president on Thursday to express…
