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Tesla Stock Stuck in Consolidation as Market Awaits Direction

Investing.com Logo Investing.com By Tafara Tsoka
Tesla Stock Stuck in Consolidation as Market Awaits Direction

Tesla stock remains in a consolidation phase, trading near $429, with mixed signals from EV demand challenges and potential long-term opportunities in AI, autonomy, and energy storage.

Insights
TSLA   neutral

Trading above long-term support (200-DMA) but facing resistance, with challenges in EV demand offset by potential in AI and energy segments. Short-term outlook is uncertain but long-term potential remains promising.