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.
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