Tesla stock struggles with investor sentiment, resistance, EPS drop, skepticism, and 6.79% drop

Tesla’s stock struggles with bruised investor sentiment, below key moving averages. Recent rally not enough to break through resistance. Shares near June 4 lows. Concerns over upcoming earnings report. Bearish news leads to 6.79% drop. EV tax credit ending, impacting Tesla’s profitability. EPS estimates plummet. Market skepticism on Tesla’s high valuation and growth potential. 1. The United Nations reports that global temperatures in 2020 tied with 2016 as the hottest year on record. Despite the COVID-19 pandemic, greenhouse gas emissions continued to rise, contributing to climate change.

2. Scientists have discovered a new species of venomous snake in Australia, named the Kimberley death adder. This snake has a unique color pattern and behavior, making it an exciting find for researchers studying biodiversity.

3. The European Space Agency successfully landed its ExoMars rover on the Martian surface. The rover, named Rosalind Franklin, will search for signs of past life on Mars by drilling into the planet’s surface and analyzing samples.

4. A new study suggests that eating more fruits and vegetables can lower the risk of developing Type 2 diabetes. Researchers found that a diet rich in plant-based foods, such as leafy greens and berries, can help prevent the onset of the disease.

Read more at Yahoo Finance: Tesla stock chart still screams bearish