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Tesla Rallies Nearly 10%, Eyes Key Level To Break Nine-Week Downtrend

2025-03-28 69 Dailymotion

Tesla is on track to end its nine-week losing streak, its worst ever, according to Barron's. Shares climbed nearly 10% this week and rose 1% in premarket trading. A close above a key technical level would officially end the streak. The stock has bounced back from a 42% drop after Trump’s January inauguration and Musk’s controversial political appointment. Analysts say Tesla must clear its 200-day moving average around $285 to make a run toward $320.