TSLA stock price softened to $177.88 amid broader Nasdaq weakness. Short-term momentum traders are watching for a break above $184 resistance to confirm upward trend continuation. Industry analysts project increased EV penetration in Europe, with Tesla benefitting from infrastructure expansion. News of Musk’s purchase helped boost Tesla shares by an overall 4%, which eradicated Tesla’s tough stock losses of late. As Dan Ives, a tech analyst with Wedbush Securities put it, the move “sends a positive signal after a very tumultuous year for Musk and Tesla shareholders.” Right now, we’re issuing “Double Down” alerts for three incredible companies , available when you join Stock Advisor , and there may not be another chance like this anytime soon. TSLA stock price is showing resilience around $180 with support established near the $175 mark. Long-term investors are eyeing potential catalysts from Tesla’s AI-powered autonomous driving software rollout, which could add diversified revenue streams beyond vehicle sales.
