I can't ignore how bullish Tesla stocks chart looks right now. A massive ascending triangle with horizontal resistance ($430) was broken upwards and currently the price is consolidating above it, the resistance also perfectly correlates with the 0.786 lvl by Fibo.
Taking into account the overall company's plan regarding its growth (talking about recent news that 75% of shareholders voted in favour of a compensation plan that could award Musk up to $1T in stock if Tesla could achieve $8.5T market capitalization), we can easily expect
TSLA to reach point 1 by Fibo ($1050 mark).
By the way, by pointing out to the news about providing $1T, I don't mean that Tesla could really achieve $8.5T market capitalization any time soon, if only in 10 years as the overall money supply is drastically increasing. This news highlights the plan, in other words - creative way of sharing what is their "plan maximum" in terms of 10 years.
I believe Tesla will cost $2T in 2026.
Taking into account the overall company's plan regarding its growth (talking about recent news that 75% of shareholders voted in favour of a compensation plan that could award Musk up to $1T in stock if Tesla could achieve $8.5T market capitalization), we can easily expect
TSLA to reach point 1 by Fibo ($1050 mark).By the way, by pointing out to the news about providing $1T, I don't mean that Tesla could really achieve $8.5T market capitalization any time soon, if only in 10 years as the overall money supply is drastically increasing. This news highlights the plan, in other words - creative way of sharing what is their "plan maximum" in terms of 10 years.
I believe Tesla will cost $2T in 2026.
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