Tesla stock

2022 - 11 - 7

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Image courtesy of "Benzinga"

What's Going On With Tesla Stock Today - Tesla (NASDAQ:TSLA) (Benzinga)

Tesla Inc (NASDAQ: TSLA) shares are trading lower by 4.41% to $198.33 Monday amid weakness in clean energy names ahead of the US midterm elections.

[why it's moving](https://www.benzinga.com/taxonomy/term/768599) [Movers](https://www.benzinga.com/taxonomy/term/24) [Trading Ideas](https://www.benzinga.com/taxonomy/term/22) Twitter employees from departments including marketing and communication, AI, search, public policy, wellness, and other teams tweeted about having been let go. He also said that everyone who exited was offered enough severance... [Benzinga Pro](https://benzinga.grsm.io/movers399), Tesla has a 52-week high of $414.50 and a 52-week low of $197.48. On Friday, Twitter laid off thousands of employees in departments across the company. [Read More](https://www.benzinga.com/news/22/11/29582163/twitter-co-founder-jack-dorsey-apologizes-for-layoffs-i-grew-the-company-size-too-quickly)

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Image courtesy of "TheStreet"

Tesla Stock Charts Show Two Major Levels of Potential Support (TheStreet)

Tesla (TSLA) stock is rolling over again on Monday. At the session low, shares were down 5.2% and were hitting new 52-week lows in the process.

Specifically, the $182 to $187 zone has resulted in two major bounces for Tesla stock in 2021. But if we can somehow see a flush into the $150s, a much more attractive entry may present itself. So does the monthly VWAP measure. The second kickstarted the stock’s run to all-time highs, as shares ultimately rallied more than 125% from this zone. Shares are cracking below that area now, but if the stock can bounce and regain that area, then it’s possible for traders to ride Tesla higher in the short term. Shares are now clinging to a key support area as the stock rotates below the October low of $198.59 — giving traders a monthly down rotation if the stock can’t regain this level.

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Image courtesy of "MarketWatch"

Tesla stock falls toward first close below $200 in 17 months (MarketWatch)

Shares of Tesla Inc. undefined dropped 3.8% in afternoon trading, adding to the 3.6% drop in the previous session, and to put them in danger of the first...

Investors in the electric vehicle giant may be expressing concerns that Tesla Chief Executive Elon Musk will be distracted given Shares of Tesla Inc.

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Image courtesy of "Markets Insider"

Tesla stock: Elon Musk may have to sell shares as Twitter losses ... (Markets Insider)

"If that yields the current environment, he's gonna have to sell Tesla shares in April," Loup managing partner Gene Munster told CNBC.

"If that yields the current environment, he's gonna have to sell Tesla shares in April." He long maintained that cost cutting measures at Twitter would imminently be necessary, and wasted no time in firing several top executives as well as laying off half of the staff. Meanwhile, the likes of Volkswagen, Pfizer and General Motors have said they will pause advertising on Twitter.

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Image courtesy of "Markets Insider"

Tesla stock price hits lowest level since June 2021 as Musk leads ... (Markets Insider)

Investors aren't happy that Elon Musk has reportedly tapped a team of Tesla engineers to help turn Twitter around.

A decisive close below $200 would signal to investors that there could be further downside ahead. "If that yields the current environment, he's gonna have to sell Tesla shares in April." Musk completed his $44 billion purchase of the social media company late last month.

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