Fundamentals
-Tesla faces tough competition in the EV market, with its global share at 19% in 2024, as rivals like BYD grow faster.
-Sales growth might slow down in 2025 due to weaker demand in key markets like China.
Profits are under pressure after price cuts in 2024, with margins dropping to 8.2% in Q4.
Latest News
-Analyst Dan Ives said Elon Musk needs to focus to improve Tesla’s image, which is under pressure (Investopedia, March 21, 2025).
-Tesla led a late-day rally in megacaps, but overall market mood is shaky (Yahoo Finance, March 21, 2025).
-Investors are worried about EV demand slowing down due to high interest rates (Livemint, March 18, 2025).
Recommendation
Tesla (TSLA) rallied from $180 to $480 in an ascending channel on the daily chart from June 2024 to March 2025, but a recent "Trapped Candle" pattern at the highs signals potential volatility, with the stock now at $248.71 near the channel’s lower boundary around $216. In recent sessions, Tesla has definitely shown some support even after a deadly day on March 10, holding above the $216 level. The Fixed Range Volume Profile (FRVP) shows a high volume node between $220-$240, indicating that the market is at a strong position with significant liquidity in this zone. However, this looks like a fear zone where many traders might get trapped if the stock closes above $253, leading to a false sense of recovery. Traders should keep a close eye on whether the stock holds the $216 support or breaks above $253 on the daily chart to determine the next move.
Disclaimer
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose.
-Tesla faces tough competition in the EV market, with its global share at 19% in 2024, as rivals like BYD grow faster.
-Sales growth might slow down in 2025 due to weaker demand in key markets like China.
Profits are under pressure after price cuts in 2024, with margins dropping to 8.2% in Q4.
Latest News
-Analyst Dan Ives said Elon Musk needs to focus to improve Tesla’s image, which is under pressure (Investopedia, March 21, 2025).
-Tesla led a late-day rally in megacaps, but overall market mood is shaky (Yahoo Finance, March 21, 2025).
-Investors are worried about EV demand slowing down due to high interest rates (Livemint, March 18, 2025).
Recommendation
Tesla (TSLA) rallied from $180 to $480 in an ascending channel on the daily chart from June 2024 to March 2025, but a recent "Trapped Candle" pattern at the highs signals potential volatility, with the stock now at $248.71 near the channel’s lower boundary around $216. In recent sessions, Tesla has definitely shown some support even after a deadly day on March 10, holding above the $216 level. The Fixed Range Volume Profile (FRVP) shows a high volume node between $220-$240, indicating that the market is at a strong position with significant liquidity in this zone. However, this looks like a fear zone where many traders might get trapped if the stock closes above $253, leading to a false sense of recovery. Traders should keep a close eye on whether the stock holds the $216 support or breaks above $253 on the daily chart to determine the next move.
Disclaimer
This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy.
Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.