TSLA - broadly weak

With the main market seeing a moderate retrace of the Wed' gains, there was notable weakness in Tesla (TSLA), which settled -2.6% @ $195.51 . Near term outlook is bearish, next support is the Jan' low of $185.


TSLA, daily

Summary

Suffice to say, Tesla remains broadly weak from last September.

The company is unquestionably innovative, with an impressive product line, but.... fails to make any significant money on sales.
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*TSLA is one of the infamous momo stocks, and I merely keep an eye on it for 'entertainment' reasons.