1
Tesla’s stock price fell 5% in the last trading session.
2
Price cuts on inventory cars are affecting TSLA’s share price.
The Tesla stock price has plummeted by 5.06% after TSLA decreased the price of some of its models in the United States and also declined the price of its driving assistance software. However, the price cuts differ according to the country.
The price cuts were seen as a sign of weakening demand and profitability for Tesla, as it faces competition from other automakers and regulatory challenges in various markets.
The price of Tesla stock (TSLA) persists in an uptrend beyond the significant moving averages and is indicating bullish momentum. On the daily charts, Tesla stock trades in the bullish territory and rides the uptrend above the 50-day EMA.
Based on the price action, it appears that the stock is balanced for a significant upward trend, with probable growth in price in forthcoming sessions. Buyers are actively working to
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