TSLATesla, Inc.
422.24
-4.75%
SUPPORT:421.15404.3
RESISTANCE:437.99454.84
Past
What happened
TSLA finished Friday at 422.24, down 4.8% on the week after Musk's broader political commentary and concerns the China narrative is fully priced.
Why
Why it matters
Tesla is the highest-beta name in the Trump-trade complex — it amplifies every move in the 'China opens, Musk wins' narrative both ways. Without a fresh China headline, the long is paying time decay.
Watch
What to watch
421.15 is the support that defined Friday's low; a close below opens 404. Any concrete China FSD/factory headline from this week's Trump-Xi follow-through is the asymmetric upside trigger.
HEADLINES
- Elon Musk Says If We Don't Do Something About Corruption And Waste, 'The Ship Of America Is Going To Sink' —And We're All Going Down With ItBenzinga
- Elon Musk, Chip Giant?Motley Fool
- A Long-Term Investor Says They Feel 'A Weird Mix Of Jealousy, FOMO, And Frustration' Watching People Around Them Make Fast Money On OptionsBenzinga