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Tesla Stock Nears Key Resistance Level

John Parker
Tesla Stock Nears Key Resistance Level

Tesla (TSLA) stock has inched up over the last five sessions. At 2:10 ET today, the stock was trading at $355.20 with 3.1% gains for the day—not far from a key resistance level of $358. Other auto stocks (XLY) General Motors (GM), Ford (F), and Honda (HMC) were down 2.1%, 1.2%, and 0.8%, respectively.