Read more
6:56 PM · 9 January 2024

Tesla loses 3% after US vehicles range cuts

Tesla (TSLA.US) with as much as 2.7% loss is the worst stock performer among US 'BigTech' companies today, and we can see that it may be due to lowers range estimates after U.S. regulators tighten vehicle-test rules. Range of electric vehicles X, S, Y, and 3 was lowered driving-range estimates across its lineup of cars. US regulators pushing the automakers to accurately reflect real-world cars performance. It may signal that Tesla's range advantage will be lower than producer signalled, reducing some advantage over competitors on the EV market.

Tesla (H1 interval)

We can see that Tesla shares are traded much below 23,6 Fibonacci retracement of the upward wave from 2022 and testing 220 USD range (38,2 Fibo) is not excluded scenario if sentiment worsens. At the same time, today's info is definitely not negatively for the whole company performance and doesn't suggest any technical problems with the cars, so reaction to it is probably temporary.

Source: xStation5

12 May 2026, 4:37 PM

Quantum Computing: results drive market euphoria, but industry remains early stage

12 May 2026, 2:42 PM

US Open: Stronger CPI Triggers Fear on Wall Street!

12 May 2026, 2:01 PM

Swatch is teaming up with ultra-luxury Audemars Piguet ⌚What do we know, and what can we expect❓

11 May 2026, 7:02 PM

Daily summary: Semiconductors divert attention from Iran

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits