Tesla stock price may 12 2025 sits in a strong technical pattern —

Tesla stock price May 12 2025 sits in a strong technical pattern — the stock recently formed a golden cross on its daily chart, often a precursor to sustained uptrend in growth-heavy sectors. Key support is currently set around $ That said, while Musk’s political leanings may have had a negative impact on the Tesla brand this year, his incredible wealth has also come to the company’s rescue. Seth Goldstein, CFA, is a senior equity analyst for Morningstar. Tesla stock price May 12 2025 may trend upward if Q2 delivery estimates surpass the 472,000 units forecast. Options market data shows elevated call volume at strike prices above $250, indicating bullish speculation among short-term traders ahead of earnings season.