- summary:
- Tesla shares are trading at $ 241 before the first quarter profit. Can bulls defend $ 230 or will he do weak delivery and Tesla mathematics less?
Tesla Inc. (NASDAQ: TSLA) for pressure before Q1 profits. Trading at 241.08 dollars, a decrease of more than 43 % of the peak of December 2024 amounting to $ 487.71 and -35 % a year so far. Investors closely monitor to see if the EV giant can reverse this trend or decrease deeper into the correction area.
The opposite winds for living and emotional demand are the cloud of expectations
Q1 numbers in Tesla actually put a tone for weaker printing. The company sold 336,681 cars in the first quarter, which represents a 13 % decrease throughout the year. This news has affected the feeling more.
On the geopolitical line, China imposed a counter -tariff of up to 84 % on the United States EV, a direct blow to the Teslas S and X. This step limits Tesla to the profitable market and enhances the idea that macro risk can affect Tesla.
Goldman Sachs has reduced its target price to $ 260, citing the risk of demand for high pricing pressure and the slow delivery speed of the company.
Can Robotaxi Buzz compensate for weak numbers?
The CEO Elon Musk continues to promote Teslas Future Futs, including the launch of the Robotaxi service in Austin in June. While the market has responded positively to a long -term vision, the investor’s patience may be in the near -term delicate. Analysts believe that the profits resulting from the spread of Robotaxi will not be achieved in a meaningful way until the late 2026.
Until then, Tesla remains vulnerable to profits, pressure of the margin and remaining pioneers macro. This next report will determine the actual decrease of shares.
Tesla share price analysis
- The price is from writing 241.08 dollars
- Axial level is $ 248
- Nutrition resistance is $ 259
- The following psychological barrier 270
- Support $ 230
Tesla should keep $ 230 or risk opening gates towards deeper support. The profits will determine whether this turns into a new base or another leg.
Take final on Tesla before profits
Tesla also enters profits at the critical turning point. Miss Miss can accelerate the sale to 215 dollars, while aspecting guidance and directive may raise about $ 259. So then, all eyes are on $ 230. Will you break or hold?
