$Tesla Motors(TSLA)$ The stock is starting the week on a cleaner footing after the NHTSA officially closed the power steering probe into 376,000 vehicles, removing a long-standing regulatory overhang. With the stock navigating a consolidation phase near the $375–$380 range, the focus now shifts back to operational execution ahead of the July 22 earnings report. The bears are testing the resolve of the bulls, but the removal of safety probes is a fundamental step in normalizing the production narrative.
Bull Key Levels: A decisive reclaim of $388.00 is needed to invalidate the recent downtrend and target the $400.00 psychological level.
Bear Key Levels: If $368.00 support fails to hold, we risk a slide toward the lower range of recent consolidation.
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