When we look at Tesla's (NASDAQ:TSLA) chart, we can see that the company's downward trend continued since its all-time high in late November.
There was an attempt to climb higher earlier this week, but after topping at $1070 on Dec. 9, news came out that Elon Musk sold more Tesla stock leading to a sell-off.
Since then, Tesla fell below $1020, followed by a 6% drop in today's premarket session as Tesla attempted to hold on to the $966 level.
Today, we could expect a pattern continuation and a fall below the $955 temporary support level is in the offing.
If it manages to hold above the current level, we can expect a move towards $985 and $1020.