Tesla, SpaceX and Meta Forecasts - Geopolitical Risks Trigger Pre-Market Tech Selling

The Tesla daily chart shows price sliding toward the $383 support region after a year of sideways action. Source: TradingView.

Tesla looks like it's going to gap to the downside at the open on Friday as we continue to see risk appetite a little bit threatened by the conflict in the Middle East. And of course, we are approaching earnings season, so it'll be interesting to see how that plays out.

Tesla has earnings next Wednesday and now finds itself threatening the $383 region, an area that's been important multiple times in the past. It'll be interesting to see if there's any type of pushback here from the buyers. All things being equal, the market has been somewhat sideways for the better part of a year as we are just trying to figure out where to go next.