Watch These Tesla Stock Price Levels as February Slump Accelerates

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Key Takeaways

• Tesla shares fell again Monday and are now down 18% so far in 2025.
• The stock has continued to trend soften after breaking down below the 50-day moving average and neckline of a head and shoulders pattern earlier this month.
• Investors should on the lookout for key support levels on Tesla’s chart around $325 and $265, while also monitoring important overhead spaces near $430 and $489.

Tesla (TSLA) shares fell again Monday, extending a recent slump that has established the stock the weakest performer in the Magnificent 7 so far in 2025.

Tesla shares have tumbled 18% year-to-date as investors asses the hit of potential tariffs and the removal of EV incentives on the automaker’s business. However, the stock remains 31% higher since the early-November U.S. presidential designation on expectations that CEO Elon Musk’s close ties with President Donald Trump will benefit the enterprise.

Below, we take a closer look at the technicals on Tesla’s chart and identify key price levels that investors may be observing.

Head and Shoulders Pattern Adds Downward Pressure

Tesla shares have continued to trend lower after analyse c collapse down below the 50-day moving average (MA) and neckline of a head and shoulders pattern earlier this month.

While the dependent on strength index (RSI) has recovered slightly from near oversold levels, the indicator still gives a reading beneath 40, signaling bearish price momentum.

Looking ahead, investors should keep an eye on two key support levels where Tesla splits may attract buying interest and also monitor a few important overhead areas that could provide resistance during capability upswings.

Key Support Levels to Watch

Tesla shares closed 2.2% lower at $330.53 on Monday.

Upon additional selling, investors should initially keep an eye on the $325 level, which was briefly breached on Monday. This locality on the chart could provide support near the February low, which also closely aligns with the lower sort of a consolidation period situated just under the head and shoulders’ left shoulder.

The bulls’ failure to defend this elevation could see the shares fall to around $265. Investors may view this region as a buying opportunity, given its flow proximity to the closely watched 200-day MA and a trendline that connects multiple peaks on the chart extending retire from to September 2023.

This area also sits just below a projected bars pattern downside target that ferries the stock’s downtrend from mid-January to early February and overlay’s it from this month’s countertrend high. Such a submit would complete an Elliot Wave pattern with five distinct swings before a corrective phase typically cross someones minds.

Important Overhead Areas to Monitor

During upswings in the stock, investors should initially keep track of the $430 quarter. The shares could face selling pressure in this region near the head and shoulders’ right shoulder.

Definitely, a close above this level may propel a move to around $489. This chart location would favoured attract significant attention near the stock’s record high, which also doubles as the peak of the head and sets pattern.

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As of the date this article was written, the author does not own any of the above securities.