Tesla shares have slipped 40 % since the opening-all eyes on the full stadium for musk
- summary:
- Tesla shares slide 40 % of investors after turning in full waiting for musk. Will the next quarter profits revive the momentum?
Tesla (NASDAQ: TSLA) heads to April, beating and bruising, as the shares have decreased by almost 40 % since the opening of President Trump II. The giant of the electric vehicle is now trading about $ 259.16, barely clinging to support after the decline in global sales and the increasing investor concerns about the ELON Musk CEO – or their lack of.
With the expected profits of the first quarter later this month, traders are preparing for what might be the most important update in Tesla years ago. Musk’s political relations and expanding their government’s involvement fueled a violent reaction to consumers, especially in Europe, where feelings of Tesla vehicles turned. Meanwhile, Wall Street is concerned that the attention of the CEO is largely spread through his numerous projects.
Technical expectations TSLA – April 1, 2025
- Current price: $ 259.16
- Resistance levels: 263.77 dollars – $ 271.25 – 309.51 dollars
- Support areas: 242.94 dollars – $ 233.61 – 212.28 dollars
- MACD: Recovery, but the momentum is still weak
- RSI: 43.91 – neutral area with a declining landing
TSLA remains its highest level in December above $ 400, and the last support from $ 233 began in the situation. Unless the price recovers $ 263.77 on a strong size, the recovery remains suspicious.
Catalyst: Will FSD provide Tesla?
Musk previously promised to launch the FSD (FSD) in Austin by June, with the national expansion that was planned by the end of 2026. With sales decreased sharply in the first quarter, investors will closely listen to any updates or in those sales.
Now, feelings are fragile. The neutral graph. And the story … complicated.
In a typical Tesla style, the following title can change everything. But at the present time, caution is still the only real driver on this road.
