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Tesla’s stock could be headed for a downturn as technical indicators flash warning signs amid declining sales and increasing competition from rival automakers.
Tesla’s stock has been on a wild ride lately, climbing over 50% since early April 2025 after a brutal 54% drop from December to April. But investors hoping for more gains might want to brace themselves — a technical warning signal has just flashed that could signal trouble ahead for the electric vehicle maker’s shares. The relative strength index (RSI), a closely watched technical indicator (a…
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