Key Insights
Tesla stock has retreated in the past few weeks, moving from a high of $453 to $385. The company only has 59 robotaxis on the road, a year after launch. Technical analysis suggests that the stock has more downside to go. Tesla stock price remained under pressure this week, falling to a low of $385, its lowest level since May 1 this year. It has moved into a correction after falling by over 14% from its highest point this month. Thi…
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