Tesla Stock Price Reaches ‘Death Cross’ Status

If you haven’t been keeping tabs on Tesla’s stock price (understandable, it’s like the 1,025th most interesting thing that is happening in a world plagued by chaos), you’ve missed a whole lot of volatility. Crucially, you may have also missed its index displaying the dreaded “death cross,” a historical indicator of a likely downturn for the company. Business Insider called out the event, which has been hitting the stock indexes of some major players over the last couple of weeks as tariff trouble has hit just about everyone. Tesla is just the latest to see the symbol of bearishness, which occurs when a company’s 50-day moving average crosses and drops below the 200-day average. The “death cross” showing itself for Tesla shouldn’t come as a huge shock, just given how wild a ride the electronic vehicle manufacturer’s value has undergone in the last few months, spurred in large part by the fact that its CEO seems to be more interested in playing wrecking ball to the federal government t ... Read full article.