U.S. automaker Tesla has fallen to below 40% of its Nov. 4, 2021, record high of $1,243 to a current $734.76 due to various headlines over the past several months.
Tesla stock’s weekly low was around $686 after the gap-up, but has had a brief uptick.
Following the price increase, price movements can be seen between $729 and $745 and resistance at around $736.15.
It therefore remains to wait for positive impulses for the Tesla share to be able to expect a rise in the share price.
The upcoming quarterly figures of the US automaker at the end of July could be decisive.
Brandon Tvardovskyj
