IMO , Tesla's has a nice support area from the 270$ to the 250$ price level. Those trend lines were tested multiple time on the monthly timeframe + psychological level of 250$. Earnings are coming up in less than 2 months, the downtrend we are currently seeing might be the market pricing in that it won't be profitable. If the purple trend doesn't hold at the end of the month, a good entry could be around the middle blue descending trend. I'm not following the narrative around Tesla a lot, but from a monthly trend perspective, it seems to be respecting those trends so far. Also, it's always good to pay attention to the general market and other indicators. This is a really general trend, and a lot can happen in a monthly candle.