$Tesla Motors(TSLA)$ Drop belo

Drop below 200

Tesla shares have had some epic losing—and winning—streaks.

Shares dropped for five consecutive weeks in 2024, and six weeks in 2023, according to FactSet data. Shares dropped for 12 out of 16 weeks at one point in 2022. But there hadn’t been an eight-week losing streak until 2025.

Tesla stock rose for 11 consecutive weeks starting in August 2021. That’s only good enough for third place for bull runs in Tesla stock. Shares gained for 12 consecutive weeks twice, once in 2013 and once in 2019.

Tesla Rises for 5 Straight Days! Is This Rally Nearing Its End?

CEO Elon Musk provided an update on the company's robotaxi fleet on Sunday, and new data could suggest that its electric vehicle (EV) sales trends are improving. Fresh data on Tesla's order backlog shows Model Y wait times stretching to four-to-six weeks, up from one-to-three earlier this summer. The jump suggests rising demand, likely fueled by buyers rushing to secure the soon-to-expire $7,500 federal tax credit. Tesla has risen for 5 straight days. ----------- Is this rally nearing the end? Can Tesla break $350 or not?

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