Peter Smith
⬤ Tesla's stock has been on a rollercoaster lately, swinging roughly $20 up and down every single day. The chart shows the price ping-ponging between resistance around $460 and support in the mid-$430s. Heavy volume bars and constant reversals paint a picture of indecision—buyers and sellers are locked in a tug-of-war, and neither side is winning. The stock is clearly stuck in a broad sideways zone with no breakout in sight.
⬤ Adding to the noise, there's chatter around potential tax policy changes that could hit high-growth companies like Tesla. Policymakers are mulling over corporate tax adjustments that might squeeze innovation-heavy sectors. The concerns? Less capital for expansion, higher operating costs, and the risk that smaller competitors could face serious financial strain. For companies banking on top engineering talent, heavier tax burdens could also push skilled workers toward more tax-friendly locations.
⬤ The chart itself tells the story: Tesla keeps testing horizontal levels above and below current prices but can't establish a real trend. The RSI is drifting lower, and moving averages are flattening out—classic signs of hesitation. The market seems to be waiting for something—whether that's clearer macro signals or a company-specific catalyst—before making a decisive move.
⬤ For investors, this kind of volatility isn't just noise—it impacts portfolio strategy, risk management, and options pricing across the board. If Tesla keeps bouncing around this range, it suggests the market is stuck in wait-and-see mode. Meanwhile, the uncertainty around tax policy adds another layer of complexity, as regulatory decisions could reshape capital flows and competitive dynamics in the EV sector over the coming months.
Peter Smith
