Does Tesla succeed in penetrating the $ 250 barrier?

Tesla continued its gains during its last sessions, registering an increase of 3.86% to reach 249.98 dollars, which reflects the appetite of the strong investors towards the stock, and this performance came amid active trading, as the stock moved in a relatively stable range compared to the fluctuations he witnessed during the past months.

This rise comes after a period of fluctuation, as the stock decreased from its high levels that exceeded $ 400 during the past year, raising questions about the sustainability of this positive trend.

Factors have strengthened the height of the stock

The improvement of the general conditions in the electric car market had a positive impact on the arrow of Tesla, as the stability of the prices of raw materials, such as lithium and nickel, reduced pressure on production costs, which contributed to improving profit margins, and recent reports on the delivery rates of new cars showed strong performance, which strengthened investor confidence in the company’s ability to meet the increasing demand.

Tesla announced a role in enhancing the future expectations of the company, especially in the field of artificial intelligence and self -driving systems, in addition to the continued expansion of the company in emerging markets, which enhances growth prospects and increases the chances of achieving record sales during the coming periods.

Future view and technical expectations

Tesla technically faces strong resistance at the level of $ 250, an important barrier that may affect the coming direction of the stock, and if it succeeds in penetrating this level, it may go about 270-280 dollars, while in the event that it is exposed to selling pressure, he may find support at $ 230.

The future view of the stock remains optimistic in the long term, especially with the company continuing to develop its technologies and expand its productive capabilities, but the performance remains linked to several factors, most notably the extent of the company’s ability to face operational challenges, maintain its technological excellence, and the continued strong demand for its cars in global markets.