HyerQuality

If History Rhymes

Long
NASDAQ:TSLA   Tesla
Tesla will soon be included in the S&P500 which will cause a massive inflow of capital at indiscriminate prices. In my opinion that will be the final boon near $1200. From there I expect similar consolidation as the past few years as the Tesla Network, Solar Roof, and new line of vehicles ramp up. FSD is feature complete in the next few months and as a Model S owner I can't stress enough how amazing the tech really is. That said, this rally will eventually stall and the falling knife will be real. This chart is normalized to log prices to demonstrate the rally is not unprecedented for TSLA but could eventually see a period of increased volatility between bulls and bears.
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