Is Elon Musk About to Save TESLA? 🚗⚡️

by Marcus Klebe
02:41, 2025/04/23

Is Elon Musk About to Save TESLA? 🚗⚡️

Tesla shares have been under pressure for weeks, with the stock down roughly 50% from its 2024 highs. The reasons are varied, but much of the decline seems tied to the actions — or inactions — of CEO Elon Musk.

However, there may be light at the end of the tunnel. Musk recently announced that he plans to refocus on Tesla and scale back his involvement in political matters.

A turning point for investors?
From a technical perspective, the support zone around $207 remains key. If this level holds, a recovery toward the $300 region is still seen as a realistic target.

Whether this shift in sentiment will lead to a lasting turnaround in the stock remains to be seen — but the next few weeks could be crucial.

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