Tesla's stock plummeted in after-hours trading following disappointing quarterly earnings and CEO Elon Musk's warning of challenging quarters ahead. The decline follows the expiration of federal EV incentives and concerns over regulatory scrutiny. Technical analysis suggests key support levels at $292, $265, and $225, while resistance sits around $365. Shares closed Wednesday trading 55% above their April low but down 18% year-to-date, partly due to Musk's public disagreements with President Trump.

Prepared by Christopher Adams and reviewed by editorial team.