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Tesla (TSLA) Chart Signals Bearish Trend Amid European Sales Slump

Tesla (TSLA) Chart Signals Bearish Trend Amid European Sales Slump

Published:
2025-06-04 00:15:01
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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.

|Square

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