Tesla Stock Expected to Decline Soon

Analysts anticipate a decline in Tesla's stock price soon, due to several factors.

Among these factors is a decrease in demand following the end of support in the United States.

There also appears to be a decline in demand in several other parts of the world.

Furthermore, the decline in demand is negatively impacted

 by the impact of pre-sales from the third quarter.

An analyst at UBS expects total deliveries for the current fourth quarter to

not exceed 415,000 vehicles, which represents less than 5% of the Visible Alpha consensus.

The brokerage firm New Street Research also expects Tesla to

deliver approximately between 415,000 and 435,000 vehicles in the fourth quarter.

Technical Outlook for Tesla Stock

Tesla's stock is currently trading near $487,

with some negative indicators emerging that could trigger 

a correction in the near future. In the event of a decline and correction,

 we might see a test of the $435 level.

This level represents a support level for the stock. 

If it breaks below it and closes below it,

the stock may continue its corrective decline towards the next support level,

which is located near the $384 level.

Generally, the stock is not currently a buy, and it is preferable to wait for the correction

to take better new positions.