Technical analysis by fxpremiere about Symbol TSLAX on 8/21/2025

Tesla (TSLA) Forecast – August 21, 2025 Bias: Neutral to Bullish (holding key support with upside potential) Tesla shares are consolidating near the $245 level after recent volatility sparked by mixed delivery updates and investor focus on EV market competition. Despite short-term uncertainty, TSLA continues to attract strong trading interest as a leading growth stock. Key Levels to Watch Support: $240 – A critical floor; a breakdown here may lead to further downside toward $230 Resistance: $255 – A breakout above could trigger upside momentum toward $265 Range Zone: $240 – $255 (sideways structure) Market Outlook Investors are balancing optimism around Tesla’s AI and energy initiatives against concerns over EV demand growth. Broader market sentiment and risk appetite remain key drivers for TSLA price action. Short-term moves will likely track overall tech sector momentum.