# (NASDAQ:TSLA) shares are trading lower on Monday.

*business · news · 2026-04-06 · Benzinga*

## Key points

- Tesla shares have broken an important support level, indicating a potential new downtrend.
- The break of support suggests previous buy orders have disappeared or been canceled.
- With diminished demand, sellers are now undercutting each other to attract buyers.
- This bearish dynamic could lead to further declines in Tesla's stock price.

**Companies:** Tesla, Inc.

[Read the full story on Benzinga](https://www.benzinga.com/trading-ideas/technicals/26/04/51665154/stock-of-the-day-is-tesla-about-to-break-down)

---

Canonical: https://newsio.io/n/6b4238ee-2421-4a58-9bda-c278e2523948/nasdaqtsla-shares-are-trading-lower-on-monday
Summarized by Newsio from Benzinga. https://newsio.io/how-it-works