Hi, It's just a supposition... Elon Musk maximum Bonus share is reached if Tesla market cap is 650 Billions before 2028. This will give Elon's almost 25% of the company = 162,5 billions of dollars Conspirators already say that Elon has a secret deal with one or several hedge funds to reach this market cap (the deal can be "help me to reach the valuation of 650 billions, and I will give you some shares at a discount price") I don't believe personaly in conspirancy but I believe in Elon's strength to find a way to reach this market cap "Whatever it takes"...
Based on this supposition : the future price target of Tesla should be around 789,53 $
I trace the Fibo based on this future level and It's obvious to see the price touched all the horizontal lines as a support or resistance...
What's next :
1 ) First target next day of Tesla conference on 22 of september, the price should hit 620 $ , then some profit should be tooken
2 ) Bubble is going on again to reach the 650 billions market cap and above, Elon will find a way to beat profits expectations on the next October earnings and give the share a push to stay above 789,53 $. Stock needs to stay 3 month above this cap to launch Elon's Bonus