Tesla Inc. Plunges

The 02/09/25 blog “Tesla Inc. Could Soon Reach 215.00”  illustrated a bearish set up for Tesla Inc. (TSLA), a plunge has begun.

The daily TSLA chart courtesy of Trading View updates the action.

On 02/11/25 TSLA broke below minor POC support which opens the door for more downside action.

Daily RSI reached the oversold boundary at 30.00, RSI could travel more into the oversold zone and then later have bullish divergences before support could form.

TSLA price action appears to be a dynamic Elliott third wave down.

There’s a very good chance for more TSLA plunging in the next few trading days.

Published by Mark Rivest

Independent investment advisor, trader, and writer. Articles have appeared on Technical Analysis of Stocks and Commodities , Traders.com Advantage, Futuresmag.com, and Finance Magnates.

Leave a comment