Tesla’s car sales in California dropped over 20% in Q2 2025
Tesla's Declining Sales: Tesla experienced a significant drop in vehicle registrations in California, its largest U.S. market, marking the seventh consecutive quarterly decline despite the overall car market growth in the state. Factors contributing to this downturn include buyer discomfort with CEO Elon Musk's political involvement and the impending expiration of federal tax credits for EVs.
Protests Against Musk: Activists from the Tesla Takedown campaign are planning a protest outside Tesla's newly opened retro-themed diner in West Hollywood, expressing opposition to Musk's influence and actions. Despite a decrease in protest numbers, organizers expect a strong turnout due to ongoing concerns about Tesla's sales performance and Musk's political activities.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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