Cathie Woodâs $ARK Innovation ETF(ARKK)$ Invest predicts Tesla could hit $2,600 in five yearsânearly 10x its current price. Meanwhile, some investors see $300 as a key resistance level in this rebound.
Did you profit from buying the dip? Where do you see TSLA heading next?
Drop your price target below! đ
đSpecial Notes: Whoever showed up on theâ What the Tigers Sayâ column will receive 100 Tiger Coins and an exclusive interview invitation to honor your contribution.
Click titles to read the full analysis:
1. @ToNi:
Key Points:
1. Technical Breakout Fuels Momentum
Teslaâs 12% surge broke key resistance at $217.02, with $300 in sight. This momentum, backed by buy signals, sets the stage for a long-term rally to $2000, echoing its 2020 surge.
2. FSD and Robotaxi: The Future of Mobility
Teslaâs Full Self-Driving (FSD) rollout in China and Europe, plus its 2025 Robotaxi launch, could add $500 billion to its market cap by 2030, revolutionizing transportation.
3. Financial Strength and Market Leadership
Q4 2024 saw Tesla deliver 495,000 vehicles, with $25.2 billion in revenue and a 20% profit margin. Its 50% U.S. EV market share and energy business growth make it unstoppable.
4. Path to $2000
With $200 billion in revenue by 2030 (20% CAGR) and a P/E of 30, Teslaâs market cap could hit $6 trillion, driving the stock to $2000âa conservative estimate.
Conclusion: Buy Now, Win Big
2. @Ruw:
Key Points:
It seems a short squeeze is happening with TSLA.
More buyers are buying with an increasing volume. And bears are losing money left right and centre.
And MSM are working overtime to push more negative headlines about tesla. For example, Nvidia dropped 2% and no mention about that, but Telsa dropped 1% pre market and there is the headline saying "Tesla dropped 1% losing all the gains" đ and finished 3% up.
3. @1PC:
Key Points:
I don't think Tesla is going to replicate the previous runnin, hence looking forward to 300 ++ to" Run like a Wind" First. At least reduce position. Thereafter, wait & see.
4. @highhand:
Key Points:
Short squeeze? then the uptrend for Tesla won't last. Sell now around 280.
5. @KKLEE:
Key Points:
Key Levels to Watch: Is $300 a Selling Point?
If Tesla continues its uptrend, the next resistance level to watch is around $300â$320. This area has historically acted as a strong resistance zone, where previous rallies have stalled. If Tesla fails to break above this level, a pullback could occur, potentially bringing the stock back to the $260â$270 range before the next move higher.
However, if Tesla breaks through $300 convincingly, it could signal a new bullish wave that might take the stock to $350 or higher in the coming months.
Final Verdict: Take Profits or Hold for More?
Tesla remains one of the most polarizing stocks in the market. For long-term investors, holding onto shares makes sense if you believe in Teslaâs AI, FSD, and energy businesses driving future growth. However, for short-term traders, taking some profits near $300 could be a prudent move before potential volatility returns.
6. @Monkeyface:
Key Points:
Buy buy buy just a small dip will continue to 1000 for sure.
7. @Bullaroo:
Key Points:
Technical Breakout: What the Charts Say
A daily chart of Teslaâs stock reveals the technical fuel behind this rally. After hitting a low of $217.02 on March 11, the stock found support near its 200-day moving average (MA), a key level watched by traders. The subsequent bounce was sharp, breaking above the 50-day MA around $234 and powering through resistance near $260âa level that had capped gains in late February. By March 25, Tesla closed at $288.14, with momentum indicators like the Relative Strength Index (RSI) climbing to 75.34, signalling overbought conditions but also strong bullish momentum.
Volume tells another story: the surge was accompanied by a spike to 134.79 million shares on March 24, well above the 30-day average, confirming conviction behind the move. The Moving Average Convergence Divergence (MACD) also flipped bullish, with the MACD line crossing above the signal line, a classic buy signal. However, the chart flags risks: the stock is now testing the upper Bollinger Band at $318.14, and a stochastic oscillator reading near 90 suggests a potential pullback if momentum cools. For now, the technicals align with the narrativeâMuskâs rally cry sparked a breakout, but sustaining this level will require more than sentiment.
Questions for you:
Did you profit from buying the dip? Where do you see TSLA heading next?
đPrizes
đŻ All valid comments on the following post will receive 5 Tiger Coins.
We strongly recommend selecting the "Also repost" button when posting a comment to receive more rewards.
â°Duration
2 April (24pm EDT)
Comments
In the short term, $300 seems like a key resistance level, and Tesla will need strong catalysts to break through it convincingly. If it does, momentum could push it toward my target. But if it struggles, I might reassess my position based on market conditions.
Cathie Woodâs $ARK Innovation ETF(ARKK)$ Invest predicts Tesla could hit $2,600 in five yearsânearly 10x its current price. Meanwhile, some investors see $300 as a key resistance level in this rebound.
Did you profit from buying the dip? Where do you see TSLA heading next?
Did you profit from buying the dip? Where do you see TSLA heading next?
đPrizes
đŻ All valid comments on the following post will receive 5 Tiger Coins.