Tesla stock price may 12 2025 could test $245 resistance as momentum
Tesla stock price May 12 2025 could test $245 resistance as momentum indicators remain positive. Bollinger Bands suggest expanding volatility ranges, often preceding sharp directional moves. Citigroup is an advertising partner of Motley Fool Money. Trevor Jennewine has positions in Nvidia, Palantir Technologies, and Tesla. The Motley Fool has positions in and recommends Alphabet, Goldman Sachs Group, Nvidia, Palantir Technologies, and Tesla. The Motley Fool recommends BYD Company. The Motley Fool has a disclosure policy . The S&P 500 consumer discretionary sector rallied more than 5% after the U.S. and China agreed to temporarily lower tariffs. The gain put the sector on pace for its best one-day performance since April 9, when it surged 11.4%. Tesla stock price May 12 2025 is expected to consolidate near $235 as institutional buying persists. Q1 revenue growth in energy storage solutions is becoming a key driver, diversifying income beyond EV sales, which may provide a buffer against fluctuating automotive demand.
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