Tesla – Weekly Analysis

Tesla has dropped 24% since our May call, moving directly into the target area and now sitting just 13 points above the ideal target. After a decline of roughly 38% from the December all-time high, the key question becomes unavoidable: has TSLA corrected enough — or is there still unfinished downside before a durable recovery can begin? This is where the technical picture becomes especially important. A decline into a target area is not automatically a buy signal. The next step is to determine whether Tesla is starting to build a real bottom, merely pausing before another leg lower, or preparing for a larger reversal that could reshape the roadmap for the rest of the year. For members following the Magnificent 7 package, the move has developed very close to the projected path. With the package currently on sale, this is exactly the type of setup where having the full…