Tesla, NASDAQ (TSLA) has announced that the most affordable version of its Model Y in the United States will not arrive until the third quarter of 2025, or even early 2026, which represents a significant delay compared to initial forecasts for the first half of the year. At the same time, the U.S. administration has imposed tariffs ranging from 34% to 145% on components imported from China intended for its Cybertruck and Semi models, a measure that threatens to disrupt a significant part of the company's supply chain.
In its April report, Tesla acknowledged that quarterly deliveries fell by 13% year-on-year, marking its worst performance in nearly three years. Several Wall Street analysts are already anticipating a further 9% decline in sales for the entirety of 2025, adding pressure to the results and the stock price. The stock has been fluctuating between $287 as a ceiling and $214 as a floor for weeks. Recently, it broke below a medium-term upward trend line, which has disabled much of its technical strength and leaves it exposed to further declines. Tesla maintains a production plant in Shanghai, strategic for its presence in Asia. Approximately 22% of its revenue comes from the Chinese market, making that region a key pillar of its business.
If the price convincingly loses support at $214, it is not unlikely that the adjustment will extend to the range between $190 and $168, where old consolidation levels and relevant supports are located. Meanwhile, any attempt to rebound will face the dynamic resistance that previously acted as bullish support, so prudence advises waiting for confirmation of a reversal before seeking buying opportunities.