4.3 Million Vehicles from 9 Manufacturers Including Tesla Recalled in China
📊 TSLA — Piyasa Yorumu
▼ down · 60%The news reports that Tesla, along with 8 other manufacturers, has recalled 4.3 million vehicles in China. This could lead to increased operational costs for Tesla and a short-term dent in its brand reputation. Technical indicators already present a weak outlook, with the RSI at 46.7 in neutral territory, the MACD below its signal line, and the price trading below both the 20-day and 50-day moving averages. This combination suggests that selling pressure may persist. However, the impact of the recall news could be limited, as such events typically create only a temporary correction in short-term price movements. Still, combined with the current technical weakness, a downward move appears more likely within the next 1-3 days.