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Tesla Inc [TSLA] Shares Fall -0.58 % on Thursday

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Tesla Inc shares valued at $32,096,717 were sold by DENHOLM ROBYN M on Apr 29 ’25. At $285.58 per share, DENHOLM ROBYN M sold 112,390 shares. The insider’s holdings dropped to 85,000 shares worth approximately $23.84 million following the completion of this transaction.

Also, VAIBHAV TANEJA purchased 4,000 shares, netting a total of over 1,128,640 in proceeds.

Before that, DENHOLM ROBYN M had added 112,390 shares to its account. In a trade valued at $32,096,695, the Director bought Tesla Inc shares for $285.58 each.

As published in a research note from Barclays on April 21, 2025, Tesla Inc [TSLA] has been retained to an Equal weight and the price target has been revised to $275. Analysts at Piper Sandler resumed the stock at ‘”an Overweight”‘ outlook in a report released in mid April. As of April 09, 2025, The Benchmark Company has reiterated its “Buy” rating for TSLA. Earlier on April 07, 2025, Wedbush resumed its rating. Their recommendation was “an Outperform” for TSLA stock.

Analyzing TSLA Stock Performance

During the last five days, there has been a surge of approximately 8.10%. Over the course of the year, Tesla Inc shares have dropped approximately -30.54%. Shares of the company reached a 52-week high of $439.74 on 01/17/25 and a 52-week low of $214.25 on 04/07/25. A 50-day SMA is recorded $264.88, while a 200-day SMA reached $292.02.

Support And Resistance Levels for Tesla Inc (TSLA)

According to the 24-hour chart, there is a support level at 276.60, which, if violated, would cause prices to drop to 272.67. In the upper region, resistance lies at 287.66. The next price resistance is at 294.79. RSI (Relative Strength Index) is 55.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 24.69, which suggests the price will increase in the coming days. Percent R is at 19.90%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

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