TSLA Stock Today: December 23 — ARK Trims; Canaccord Cuts Deliveries
The tsla stock price eased to $485.56 today, down 0.65%, as Cathie Wood’s ARK trimmed its Tesla stake again. Investors weighed fund selling against fresh support from Wall Street. Canaccord cut its Tesla Q4 deliveries estimate but lifted its TSLA price target, while RBC reiterated a Buy. With the deliveries report approaching, we break down price action, technicals, and key levels for US traders. We also map how these analyst moves could influence the tsla stock price into year end and early January.
TSLA Today: Price, Range, and Technical Setup
In intraday trading, shares changed hands near $485.56, off 0.65% after a $3.17 drop. The session range ran $482.84 to $491.97, with volume at 57.9 million versus the 85.9 million average. Price sits above the 50-day at 441.22 and the 200-day at 352.24, reflecting an uptrend that keeps the tsla stock price above key moving supports.
RSI at 62.57 shows firm but not overbought momentum. MACD histogram of 3.93 and ADX at 23.09 point to a strengthening, moderate trend. Bollinger upper band near 499.67 lines up as near-term resistance, with the middle band at 455.29 as support. Average True Range is 18.15, implying roughly $18 daily swings that can tug the tsla stock price around catalysts.
ARK Trims Again: Flow Signals To Watch
ARK Invest disclosed another sale in its daily trade update, adding to recent trims as the stock nears its 52-week high of 498.83. Programmatic fund activity can pressure price at the margin, especially into thin holiday liquidity. While headlines say Cathie Wood sells Tesla, position sizing changes do not alter long-term views alone, but they can nudge the tsla stock price intraday.
With price testing the 490 area, resistance stacks near 500 and the Bollinger upper band at 499.67. On dips, traders watch 475 to 460 where the 20-day region clusters, and the middle band at 455.29. A clean break above 500 could trigger momentum buys, while a close under 455 may open downside that resets the tsla stock price toward 440.
Street Updates: Canaccord and RBC Weigh In
Canaccord lowered its Tesla Q4 deliveries estimate but raised its TSLA price target, citing medium-term drivers. The mixed call helps frame expectations into the early January report and highlights execution over weeks, not days. Details are in TipRanks’ recap here: source. For traders, estimate revisions often spark positioning shifts even before the print.
RBC kept a Buy on the shares, adding support to the bull case: source. Across the Street, the target high sits at 600, the median at 410, and consensus near 406.30. At $485.56, that implies about 23.6% upside to the high and roughly 15.6% downside to the median, useful guide rails for the tsla stock price.
What Matters Into Tesla Q4 Deliveries
Beyond the headline Tesla Q4 deliveries number, investors will watch regional mix, Model 3 and Y trends, inventory changes, and energy storage growth. Margins will be inferred from pricing and mix. Any commentary on FSD take rates or 2026 capacity helps frame 2025 modeling. These inputs can quickly sway the tsla stock price if they reset expectations.
Valuation remains lofty with a P/E around 255 and price-to-sales near 16, so surprises matter. Short-term traders may key off 499 to 500 resistance and 455 support. Investors with longer horizons may look past flow-driven dips, relying on cash, balance sheet strength, and growth options. Align entries with levels and the catalysts calendar to manage the tsla stock price risk.
Final Thoughts
Our read today: seller flow from ARK intersected with supportive analyst moves. That mix kept momentum intact but capped upside into the 500 area. For near-term traders, the path likely hinges on a break above 499 to 500 or a slide below 455, with ATR signaling $18 daily swings. For investors, the setup into Tesla Q4 deliveries is all about expectations. Watch revisions to delivery estimates, any color on mix and energy growth, and how targets shift afterward. With 33 Buys, 15 Holds, and 11 Sells and a $410 median target, the skew is balanced. Keep position sizes modest into the print and let the first reaction guide the next move.
FAQs
The stock softened as ARK trimmed its position and holiday liquidity magnified moves. At the same time, Wall Street sent mixed signals as Canaccord cut Tesla Q4 deliveries assumptions but lifted its TSLA price target, while RBC reiterated Buy. That tug-of-war kept price below 500 and drove choppy, headline-led trading.
Immediate resistance sits near 499 to 500, with the session high at 491.97. Support zones include the Bollinger middle band at 455.29 and the 50-day moving average near 441.22. A decisive break above 500 can invite momentum buying, while a close under 455 would weaken the setup materially.
Analysts tally 33 Buys, 15 Holds, and 11 Sells. The target high is 600, the median 410, and consensus about 406.30. Versus $485.56, that’s roughly 23.6% upside to the high and near 15.6% downside to the median. RBC maintains Buy, providing supportive sentiment.
Tesla typically reports deliveries in early January based on past practice. The figure shapes revenue, mix, and margin expectations for the next earnings cycle. It also influences production planning and pricing debates. A surprise versus Street estimates can quickly reprice the stock as models update and positioning shifts.
RSI at 62.57 suggests firm momentum but not extreme overbought territory. However, valuation is rich, with a P/E around 255 and price-to-sales near 16. That mix means the tsla stock price is more sensitive to surprises, so risk control around catalysts and key levels matters for short-term traders.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
