- Summary:
- Tesla stock trades at $454.13. Discover key support and resistance levels, recent price trends, and what’s driving its performance.
Tesla Inc. (NASDAQ: TSLA) remains one of the most actively traded stocks, currently priced at $454.13 as of December 27, 2024. The stock’s performance continues to reflect strong demand for electric vehicles (EVs) and Tesla’s leadership in autonomous driving technologies.
Key Technical Levels for TSLA
The chart highlights important support and resistance levels that could shape Tesla’s short-term price movement:
- Immediate Resistance: $484 – Tesla’s recent high. A breakout above this level could open the door to new all-time highs.
- Support Levels:
- $400 – A strong psychological and technical support level.
- $358 – Deeper support where buyers have historically stepped in.
- $309 – A critical level that could signal a reversal if breached.
Tesla’s Outlook for 2025
As global demand for electric vehicles rises and competition intensifies, Tesla’s capacity to retain its advantage will be essential. Its intentions for launching new factories and advancing energy storage solutions may also promote expansion. Despite ongoing challenges such as economic uncertainty and supply chain disruptions, Tesla’s history of innovation maintains its position as a leading contender in the electric vehicle market.