WHY TESLA STOCK FELL 6% TODAY

Tesla Stock

Today Tesla (NASDAQ: TSLA) stock was falling by more than 6%. Company’s stock opened today at $146.05 and then hit the high at $148.47, followed by the stock hit the day’s low and 52 week low at $139.85.

There are many reasons for the decline in company’s stock that Evercore ISI has downgraded its stock and also reduced the target of company’s stock.

Evercore ISI told that company’s owner Elon Musk’s attention has shifted slightly away from it. After the Twitter deal and its operations in China are also getting negatively impacted and tell you that almost all the big investors are advising to stay away from stock.

So what to do in Tesla (NASDAQ: TSLA) stock now?

We have done a technical analysis for you and the company’s stock can face support and resistance above some of the levels given below.

Tesla Stock technical analysis
Tesla Stock technical analysis

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