Tesla shares see another decline.

Tesla, the electric car company, announced it has canceled plans

 to expand its factory in Germany, specifically Berlin.

This is due to declining electric car sales, as well as intense competition from the company.

The company also stated that it will focus more on quality and production efficiency.

It's worth noting that the current factory produces approximately 500,000 cars annually.

The new plan was to produce approximately one million cars annually.

The company's shares fell again by more than 2%, 

continuing the company's losses since Trump began imposing tariffs.

From a technical perspective, the stock:

The stock is still facing strong resistance levels around 348,

 which are expected to cause the stock to fall again.

However, if the resistance levels are broken and a close above them is reached,

 we are expected to see the stock rise again.

If the decline continues to reach the demand areas below,

specifically near the 231.93 levels shown on the chart,

we are expected to see the stock rise to the specified targets,

which are located at the 290.94 and 290.72 levels, respectively.