Watch These Tesla Stock Price Levels as Selloff Accelerates
Key Takeaways
- Tesla shares tumbled again Tuesday, putting the EV maker’s stock on pace to lose ground for the ninth consecutive week.
- The stock staged a minor bounce from the lower trendline of a descending broadening formation but has since failed to gain upside traction.
- Investors should watch major support levels on Tesla’s chart around $190 and $140, while also eyeing key resistance levels near $265 and $360.
Tesla (TSLA) shares fell sharply again Tuesday, putting the EV maker’s stock on pace to lose ground for the ninth consecutive week.
The shares have faced intensifying selling pressure in recent weeks amid mounting investor concerns that CEO Elon Musk’s extensive involvement in the Trump administration could dent the Tesla…
