Tesla shares tumbled again Tuesday, putting the EV maker's stock on pace to lose ground for the ninth consecutive week.
Per renowned technical analyst TradingShot, Tesla stock might have reached a bottom — and a surge to $450 could follow.
Tesla, Inc.'s stock faces pressure from declining fundamentals, Musk's polarizing actions, and overvaluation concerns. Click for my updated look at TSLA stock.
Tesla stock got close to $280 on Thursday. What’s more, Tesla stock is “approaching a Fibonacci-based 61.8% retracement of its entire rally from April 2024 to December 2024,” added Newton.
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