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News  ›  Investing.com

Tesla Has Been Trapped in a 10% Range for Months—What’s Going On?

Investing.com Logo Investing.com By Sam Quirke
Tesla Has Been Trapped in a 10% Range for Months—What’s Going On?

Tesla stock has been trading between $420-$470 for two months, with mixed market signals and divided analyst opinions about its future performance and potential breakout.

Insights
TSLA   neutral

The stock shows mixed signals with record Q3 global sales but regional sales declines, range-bound trading, and divergent analyst perspectives. The company maintains potential for value creation but faces challenges in European markets and valuation concerns.