Tesla stock fell 6% to $227.50 on Monday, awaiting crucial quarterly results. Concerns include weaker-than-expected deliveries and potential impacts from US tariffs on the auto industry. Technically, the stock is in a bearish descending triangle pattern, with key support levels at $170 and $139, and resistance at $289 and $360. Analysts are cautious due to the 'death cross' pattern and low RSI, suggesting further price drops are possible.
Prepared by Christopher Adams and reviewed by editorial team.
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