Tesla A friend asked me if Tesla is worth buying. I don’t like beating around the bush, so I told her directly: not right now. There’s support around $290-$310, but if you factor in the expected correction in U.S. stocks, this support might not hold. I’m not as pessimistic as Goldman Sachs with their $140 prediction, but in the short term, things definitely don’t look optimistic. Tesla’s future depends on the large-scale application of FSD, robotaxis, and robots, but all of these are currently at a bottleneck. I’ve warned multiple times about Tesla’s risks of correction and decline, but back then, not many people believed me. The double top on the weekly chart means the adjustment cycle will far exceed most people’s patience. Tesla has always been a company driven by dreams and narratives. If you purely value it as a car company, even $50 might be questionable. That said, as a seasoned FSD user, I still have confidence in Tesla’s future. My only concern is: is Musk spreading himself too thin? Does he have enough energy to manage everything? Bitget for U.S. stock trading: lightning-fast entry, smooth transactions.