TSLA Massive Sell-Off: Key Levels to Watch Next

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TSLA Massive Sell-Off: Key Levels to Watch NextTesla, Inc.BATS:TSLAEllacutie TSLA came under heavy selling pressure after its Q2 2026 earnings report. While the company posted record revenue of $28.24 billion and delivered over 480,000 vehicles, profits disappointed investors. Adjusted EPS came in at $0.33, well below Wall Street's expectations, as Tesla ramped up spending on AI, Robotaxi, Optimus, and other long-term projects. The market also reacted to: 📉 Profit miss despite record revenue 🤖 Higher AI and robotics investment, which pressured margins 💸 Increased capital spending and concerns over future profitability 🚗 Management's continued focus on long-term AI and autonomous driving rather than near-term earnings From the daily chart, the earnings reaction triggered a strong bearish breakdown, confirming that sellers are currently in control. 📌 Key Levels I'm Watching 🟢 Support $306.50 – Recent swing low $300.00 – Major psychological support 🔴 Resistance $320–325 – First resistance $340–350 – Fair Value Gap (FVG) $385–400 – Previous support turned resistance For now, I'm staying patient. I want to see TSLA reclaim the $320–350 area with strong buying volume before turning bullish. Until then, the chart still favors the bears. I've been watching the same setup through rTSLA on Bitget Stocks, which lets me follow TSLA's price action beyond regular U.S. market hours. This is my personal chart analysis, not financial advice.