Tesla shares, which have gained more than 30% since the start of trading on election day, were down 1% at around $325 in afternoon trading Wednesday, after rising as high as $344 earlier in the day. Below, we break down thetechnicalson Tesla’sweekly chartand point out ke...
Tesla’s bullish forecasts, as well as its assertions regarding the potential of self-driving robots and the Optimus humanoid robots, which Musk believes could be sold for between $20,000 and $30,000 in the future, have significantly contributed to the stock’s recovery. Stifel Nicolaus initiat...
The stock hit arecord highin mid-December amid optimism that CEOElon Musk'sclose ties with President-elect Donald Trump will benefit the EV maker. Tesla shares surged more than 60% in 2024, with the lion’s share of those gains coming after the November 5 election. Tesla slumped after the...
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Support and Resistance Levels: Bartosiak identifies key support and resistance levels on the chart. These levels act as barriers that the stock price must breach or hold above, providing traders with critical decision points. Chart Patterns: He discusses chart patterns like head and shoulders, cup...
The rise in Tesla's stock price mainly occurred after the dust settled on the U.S. elections in November. According to a document released by the Federal Election Commission on the evening of December 5, Musk, the CEO of Tesla and Space Exploration Technologies Corp (SpaceX), donated $0.25...
Famous Tesla bull Cathie Wood later Monday saw Tesla stock price will race to $2,600 per share in five years. Wood, head of Ark Investment Management LLC, expected Tesla’s robotaxis will account for 90% of its value over that period, and the price was not factoring in the business of ...
Tesla IncTSLA:NASDAQ RT Quote|Last NYSE Arca, VOL From CTA|USD After Hours:Last |7:11 AM EDT 346.25+4.16(+1.22%) Volume 1,066,613 Close 342.09-7.89(-2.25%) Volume 79,587,798 52 week range 167.41-488.54 KEY STATS Open0.00 Day High0.00 ...
The Republican candidate’s backing led to a huge rally in Tesla stock following the election: In the week following, the company’s share price soared approximately 40% and is up 53% for the month at the time of writing. While the stakes were high for Musk—who admitted he would have ...
However, in 2025, Tesla’s fortunes have reversed 180 degrees. TSLA shares have round-tripped all gains since the US presidential election and are already down more than 40% year-to-date. Image Source: Kobeissiletter, TradingView Clearly, based on the stock price, investors are concerned about...