Tesla (TSLA) chart gives a bearish signal: Are Wall Street worried?

2 Min Read
2 Min Read

Few companies in the US stock market have suspended 2025 when it comes to Tesla (TSLA). EV makers are struggling with a brand crisis, where their range and market share overseas have plummeted. Additionally, the stock ultimately reversed the profits seen at 12% Ytd throughout 2025 between November and December 2025. Looking at the stock price charts, Wall Street analysts are paying attention to bearish signals that could further reduce TSLA.

On May 30, Tesla (TSLA) triggered what many chart watchers call the bear flag. TSLA saw a strong decline and then consolidated inventory with rising wedges and fell again. These bearish patterns suggest that the worst of concern for Wall Street experts hasn’t come yet. What’s next for Tesla stock?

Wall Street is related to Tesla Stock, the company’s performance overseas.

Tesla’s sales in Europe reach its lowest level in three years, with many worries that it will be able to maintain its shares from the $350 level. The company sold just 700 units in Europe, even if the Model Y is present. However, this development is not about Elon Musk. Certainly, he recently denounced feelings of “demand issues.” He further stated, “Everyone is struggling in Europe. There are no exceptions.”

Despite the assertion that everything on Musk is OK, TSLA is still down 2% over the past week after sales reports. Luckily, the 22% increase in May puts us in a good position to maintain the $300 price level in June.

On the first trading day of the month, Tesla fell 2.58% in the midday market. Additionally, there was a 5.48% decline that lasted over the past five days. Still, the stock has grown more than 17% from last month, trading at $336. The median target is only $307, leaving room for a potential 8% downside risk.

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