Tesla, Inc (TSLA):Stock Continues To Trend On Descending ChannelTesla, Inc.BATS:TSLABlaisefxacademyTesla (TSLA) stock fell over 5% to around $360 on April 2, 2026, following Q1 2026 delivery numbers ( 358,023 vehicles), which marked a 14% drop sequentially and missed analyst expectations. and analysts flagged slowing core auto demand and slashed price targets amid increase competition. despite short term pressure analysts maintain long term bullish views. Technical outlook: Stock is trending on momentum move of lower lows and highs, for over three months now, giving traders the opportunity of buying at trend support and selling at trend resistance. price is currently heading down to the trend low, as we anticipate a retracement between $346-350 level. Key points: A clear reverse above the trendline support, triggers a buy position eyeing $370-$372 as potential targets. Thanks for reading.