Key Technical Levels to Watch in Tesla Stock
Last week, Tesla stock (TSLA) turned negative again after gaining 2.8% in the previous week. On July 6, the stock settled at $308.9 with a 9.9% weekly loss. TSLA ended the second quarter in positive territory with 28.9% gains. TSLA was the top gainer among auto stocks in the second quarter. During the quarter, other auto stocks (XLY) like General Motors (GM) and Ferrari (RACE) rose 8.4% and 12%, respectively. In contrast, Ford (F) and Fiat Chrysler (FCAU) lost about 0.1% and 7.9%, respectively, in the second quarter.