Tesla stock RSI hits most oversold level in a year

Tesla stock (NASDAQ: TSLA) is experiencing a sharp correction. Although both retail investors and analysts were bullish in the closing months of 2024, owing to Chief Executive Officer (CEO) Elon Musk’s close relationship with Donald Trump and a promising quarterly report in Q3 2024, those hopes have failed to materialize.The carmaker’s latest earnings report, covering Q4 2024, was a dud — both earnings per share (EPS) and revenues missed estimates. With some $0.6 billion in unrealized gains from Bitcoin (BT ...