Tesla Shows Signs of Strength – A Turnaround or Just a Temporary Rebound?

Tesla Shows Signs of Strength – A Turnaround or Just a Temporary Rebound?

Back in December, the financial world speculated whether Tesla’s stock could break through the $500 mark. However, instead of continuing its upward trajectory, the stock entered a sharp downtrend, dropping close to $200. Now, Tesla is attempting a recovery – but what’s next?

While star investor Cathie Wood has set an ambitious $2,600 price target for Tesla within the next five years, the technical outlook remains uncertain. As long as the stock fails to break above the $300 level sustainably, the downside risk remains active, and further sell-offs could occur at any time.

A true shift in sentiment would only be possible if Tesla manages to hold above $300 and concerns about potential auto tariffs ease. In that case, new buying momentum could emerge, potentially pushing the stock toward higher price levels in the long run.

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