TSLATesla, Inc.
429.57
-3.10%
SUPPORT:421.15404.3
RESISTANCE:437.99454.84
Past
What happened
Tesla fell 3.1% to $429.57 even with Musk on the Trump-China trip — China FSD approval talk wasn't enough to offset the broad tech-rate selloff after the PPI shock.
Why
Why it matters
TSLA still trades as a high-beta proxy for risk-on AI/EV thematic flows; in a yield-spike + Mag-7 distribution day, the highest-beta name moves the most regardless of catalyst flow.
Watch
What to watch
$420 is the technical line that decides whether this is a pullback in a trend or a top. China FSD regulatory readout from the summit + any robotaxi update are the asymmetric catalysts.
HEADLINES
- AI hyperscalers are 'falling behind' if they're not spending: StrategistYahoo Finance Video
- Exchange-Traded Funds, Equity Futures Lower Pre-Bell Friday Amid Oil Surge, Higher Yields, Geopolitical UncertaintyMT Newswires
- UBS warns AI stocks are overheating as growth expectations collide with historyProactive
- Ron DeSantis Shares Tesla Cybercab Spotting In Miami, Says It'll Be Interesting To See 'How Locals React'Benzinga
- Tesla Stock Aims For 3 Weekly Gains. Trump’s China Trip Could Stop It.Barrons.com