Tesla Inc

TSLA is entrenched in a Stage 4 decline after a decisive Support Failure, with price below declining EMAs and a clear lower-highs/lower-lows structure. The medium-term bias remains bearish, while extreme oversold conditions near the horizontal support around the 371 level argue for neutral short-term timing. Exposure should be trimmed on relief rallies into the EMA/resistance zone (approximately 385 6405) to align with the downtrend.

• ↑Q1 2026 revenue rose 30% YoY to $23.5B, led by EMEA delivery surge (150% qoq in France & Germany)
• ↑Nearly 1.3M global paid FSD subscriptions enhance recurring revenue model
• ↓Negative earnings yield and weak profitability strain returns and margins