📉 Market Alert: Why TSLA Could Slide Harder From Here

BigBullSmallBear
07-11

Big picture — With Trump escalating global tariff threats starting with Canada (35% effective August 1st) and broader trade war rhetoric heating up, growth stocks like Tesla are now in the danger zone.

Why you should consider selling TSLA now:

🔥 Tesla relies heavily on global supply chains — from Canadian aluminum to Chinese battery components. New tariffs directly risk increasing Tesla’s input costs and squeezing already thin automotive margins.

⚠️ Nasdaq futures are sliding pre-market on the back of Trump’s announcement. Tesla, being a heavyweight in both the Nasdaq-100 and S&P 500, is highly correlated to index moves — a further futures dip could drag Tesla below key support at $305.

📊 Technical pressure is mounting: Tesla’s struggling to hold the $309–310 range in pre-market. A break below $308 opens room to $300 fast.

🛑 Robotaxi rollout at risk: If Trump retaliates against Mexico, Canada, or Asian supply partners, Tesla’s autonomy program, which relies on global AI hardware sourcing and cross-border cloud services, faces disruption.

Stock Market Movement: Nvidia, MicroStrategy, Boeing, Tesla, Levi Strauss, and More
The stock market experienced fluctuations with Nvidia down 0.7% after reaching a record high, MicroStrategy, MARA Holdings, and Coinbase rose due to Bitcoin's record high, Boeing down 0.3% following an investigation on Air India flight 171, Tesla slipped 0.3% despite expansion plans, Delta Air Lines down 1% after beating earnings estimates, United Airlines fell 0.5%, Levi Strauss jumped 7.2% after exceeding earnings expectations, and PriceSmart rose 7.1% after positive earnings and sales growth.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • RalphWood
    07-14
    RalphWood
    This analysis is spot on.
  • WendyDelia
    07-14
    WendyDelia
    You're right to be cautious.
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