Tesla has been under heavy selling pressure following a disappointing quarterly sales report. Last week, the price broke below the key ascending support at $270–$280, signaling further downside risk.
🔻 Next Support Levels to Watch:
📉 $250, followed by $225
At the start of 2025, we emphasized that every dip is an opportunity to accumulate—this remains true. With Trump likely backing Tesla and Elon Musk during his presidential run, long-term support for the company remains strong.
💡 Strategy: Utilize DCA (Dollar-Cost Averaging) to build positions unless a major event (e.g., Elon Musk stepping away) forces a reassessment.
🔻 Next Support Levels to Watch:
📉 $250, followed by $225
At the start of 2025, we emphasized that every dip is an opportunity to accumulate—this remains true. With Trump likely backing Tesla and Elon Musk during his presidential run, long-term support for the company remains strong.
💡 Strategy: Utilize DCA (Dollar-Cost Averaging) to build positions unless a major event (e.g., Elon Musk stepping away) forces a reassessment.
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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.