W Formation on Tesla for the LONG run 110% upside to comeTesla is showing all signs of upside this year.
They are putting their money in the right places.
Advancements in Autonomous Vehicles: Tesla plans to launch self-driving robotaxi services in Austin by mid-2025, signaling significant progress in autonomous technology.
INVESTORS.COM
Innovations in Robotics: The company is ramping up production of its Optimus humanoid robots, aiming to produce several thousand by the end of 2025, showcasing its commitment to cutting-edge robotics.
Strategic Political Alliances: CEO Elon Musk's close relationship with President Donald Trump has led investors to anticipate favorable regulatory changes and reduced government oversight, potentially benefiting Tesla's operations.
So innovation, robotics and politics. Either we will see huge growth this year, or we are in for a BIG surprise. However, because this is a weekly chart it can take two years for this to play out realistically.
W Formation
Price>20 and 200
Current falling Wedge
Target $684.41
