TESLA INC. (NASDAQ:TSLA): Tesla 's Next Support is $100

 

 

Tesla stock tumbled over 8% on Tuesday after Reuters reported the company will run production at a reduced rate at its Shanghai factory in January, following an annual production line maintenance shutdown in December.

The stock could continue to be under selling pressure until the release of their December China deliveries, in early January 2023, and could be heading down to retest the MAY 2020 breakout at $100.

This note contained herein is not and should not be construed as a recommendation to buy or sell. Click here to see the latest update!

Comments

Popular posts from this blog

TESLA INC. (NASDAQ:TSLA): UPDATE - Tesla stock's downtrend is still intact / Sell $TSLA/Buy $BYDDF

SP500: The S&P 500 broke out after China exempts some U.S. imports from its 125% tariff rate

SP500: Breakout-retest may be confirmed after PCE data on Friday