(Finance) – Deep red for the company founded by Elon Musk. Despite the positive quarterly report, Tesla He suffers from reporting that supply chain problems will last through 2022 and will not launch new models this year. “If we were to introduce new models, our total vehicle production would decrease,” said the company’s CEO following the release of the quarterly report that posted record revenue and earnings. Analysts noted, however, that while having to procure chips for only a few models is an advantage for Tesla, postpone the launch of new products could benefit competitors. Nonetheless, other EV makers are on the downside on Wall Street.
Dramatic sitting for Tesla Motors, which is positioned at 855.2 with a 8.77% drop. A further fallback is expected towards the support area seen at 826.2 and later at 797.1. Resistance at 992.9.
Lucid register a decrease of 12.81% compared to the eve, standing at 29.13 USD. Operationally, a downward extension of the curve is expected with the support area seen at 27.32 and subsequently at 25.5. Resistance at 32.43.
Worsens the performance of Lordstown Motors, with a discount of 7,01%, rising to 2.511. Expected for the remainder of the session an extension of the bearish phase with support area seen at 2.35 and later 2.19. Resistance at 2.755.
Worsens the performance of Nikola, with a discount of 6,89%, rising to 7.132. Expected for the rest of the session an extension of the bearish phase with support area seen at 6.811 and later at 6.491. Resistance at 7.651.
Dramatic sitting for Rivian Automotive, which is positioned at 54.95 with a 8.83% drop. A further fallback is expected towards the support area seen at 51.64 and later at 48.33. Resistance at 68.29.
It sinks Xpeng Inc Spon Each Rep 2 Cl A with prices lined up at 33.58 for one 9.97% drop. The major expectations see an extension of the downside towards the support area estimated at 32.23 and subsequently at 30.88. Resistance at 35.92.