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Watch These Tesla Price Levels as Stock Hits Brakes Ahead of Q4 Deliveries Report

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Summary
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79% Informative

Tesla (TSLA) shares lost nearly 7% over the last two trading sessions, closing Friday at $ 431.66 .

The stock is down from an all-time high of $ 488.54 set on Dec. 18 , the same day the Federal Reserve said it would likely slow the pace of interest rate cuts in 2025 .

Since the Nov. 5 presidential election, Tesla shares have surged more than 70% on expectations that CEO Elon Musk ’s ties with President-elect Donald Trump and growing influence in Washington will benefit the automaker’s autonomous driving ambitions.

During pullbacks, investors should watch key support levels on Tesla 's chart around $360 and $300 .

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