Positive news around Tesla is not having a significant impact on TSLA dynamics. As of March 23, Tesla shares are trading at $358.71, down 5.8% in the last 24 hours. Shares were rejected from the resistance zone of $400, confirming a short-term bearish structure.
Tesla shares have entered a downward trend, breaking below key technical levels, and if selling pressure persists, they may continue to decline to the mark of $340.
Elon Musk's plan to build chip manufacturing factories in partnership with SpaceX contributes to Tesla's long-term strategy in artificial intelligence and supply chains, but carries significant execution and capital risks.
The current sentiment remains mixed, as markets prefer technical weakness and uncertainty over long-term strategic prospects.$TSLA

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