TSLATesla, Inc.
422.24
-4.75%
SUPPORT:404.95384.2
RESISTANCE:439.53460.28
Past
What happened
Tesla dropped 4.75% to $422.24, the worst Mag-7 performer, as headlines on Musk's 'management-favorable' SpaceX IPO structure and a US Model Y price hike both landed as marginal negatives.
Why
Why it matters
Tesla's stock has decoupled from Tesla the EV company — it now trades on AI/robotaxi optionality and Musk-balance-sheet news flow. Today's tape suggests positioning was long, now flushing on no real fundamental shift.
Watch
What to watch
$420 is the round-number test; $400 is the 50DMA. The robotaxi rollout cadence in Texas and any FSD safety headline can move it either way. Above $445 the uptrend reasserts.
HEADLINES