Tesla (TSLA): Approaching Technical Inflection at $390 Support — March 9, 2026

TSLA sits at $396.73 with RSI at 38.46 approaching oversold. Today's NHTSA FSD data deadline is the dominant catalyst. We examine the $390 support, the wide analyst target range ($125–$600), and the technical setup for a potential reversal.

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Tesla (TSLA): Approaching Technical Inflection at $390 Support — March 9, 2026
Rachel Kensington

Rachel Kensington

Senior Equity Analyst · Blue Ocean Trading Solutions

TSLA Key Performance Indicators
TSLA — Key Performance Indicators · Blue Ocean Trading Solutions

Published March 9, 2026 · Blue Ocean Trading Solutions Research · TSLA

1. Technical Overview

Tesla (TSLA) closed Monday at $396.73, down 2.17% on the session, extending a pullback that has brought the stock nearly 20% below its January 2026 all-time high of $498.83. Trading volume of 64.05 million shares was essentially in line with the 65-day average of 65.46 million, indicating that selling pressure is measured rather than panicked — a technically constructive sign amid the decline.

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