The price is undergoing a severe correction. Sufficient competition from other brands of e-cars exists. new electric from other cars brands have been launched in the European market and this will counterbalance the price of tesla's share.
We have two important price levels, one that will act as support at the 565-540 price level, waiting for a possible upward rebound and confirmation of the triple bottom and another level below, covering the beginning gap and reaching the end of the correction in the price level. 380 approximately.
T1) 565
T2) 540
T3) 433
T4) 410
T5) 395
T6) 377
This is just my personal view of this stock and not investment advice!!