Tesla (TSLA) Chart Signals Bearish Trend Amid European Sales Slump
Tesla’s stock (TSLA) has become a case study in volatility during 2025, with a 12% year-to-date decline erasing its late-2024 gains. The EV maker’s technical chart now flashes warning signs—a bear flag pattern emerged on May 30, typically preceding steeper declines. This follows a cycle of sharp drops, fragile consolidation, and renewed breakdowns that have Wall Street analysts bracing for further downside.
Europe presents a particular headache, where Tesla’s sales cratered to just 700 units in May—a three-year low. While CEO Elon Musk dismisses concerns as industry-wide (’everyone is struggling in Europe’), the numbers tell a different story. The Model Y refresh failed to prevent the regional collapse, casting doubt on TSLA’s ability to reclaim the $350 level. Market technicians and fundamental analysts appear aligned for once: the road ahead looks bumpy.