Tesla Stalls At Support And Could Turn Around: A Technical L

Tesla Stalls At Support And Could Turn Around: A Technical Look


Tesla Stalls At Support And Could Turn Around: A Technical Look
Tesla Inc (NASDAQ:TSLA) tested a key support level Thursday and held.
Despite two big weeks of tech earnings, the overall market has struggled and both the S&P 500 and the Nasdaq 100 have retreated from all-time highs amid fear of inflation.
On Thursday, it was reported demand is so high for Tesla’s cars it has already sold every vehicle that it will be able to produce during the second quarter. The company is struggling to meet demand due to its inability to make enough electric batteries.
Tesla’s production woes will, eventually, come to an end once it has completed building its vehicle factories in Austin, Texas and Berlin, Germany.

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