Tesla Stock Has Tumbled From December Highs. What the Charts Say Happens Next.

Tesla stock has had a difficult couple of weeks after its epic run, making it a good time to check in with some technical stock market analysts to help figure out what comes next. Coming into Friday trading, shares of the electric vehicle maker were up about 57% since the Nov. 5 U.S. presidential election, up about 65% since the Oct. 10 Robotaxi event, and up about 64% over the past 12 months. “Tesla is in pullback mode following its big breakout,” wrote Fairlead Strategies founder and market technician Katie Stockton.