Its Over, page-20699

Key levels for Tesla to the downside

$166 (immediate downside target)   May 23 low
$153 Apr 23 low
$130 uptrend line violation
$113 Jan23 low

5 year view
TSLA Stock Price — Tesla Chart — TradingView

Its a long way down if Tesla reports underwhelming car deliveries and does not provide new ideas to reinvorate market interest other than its Cybertruck.

To show you how ridiculously overvalued US stocks are, Tesla is still almost 50% higher than its Jan23 lows despite outlook souring. Tesla's earlier rise had little to do with EVs prospect but the fact that it was lumped together under the Magnificent7 banner that led AI and megatech speculators to flock to those stocks.