TSLA Long-Term Bold Projection (2025-2035)

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This is a long-term analysis of Tesla (TSLA) stock on the weekly timeframe, combining Elliott Wave Theory, Fibonacci extensions, and price structure (base formations) within a broad logarithmic trend channel.

Key Highlights:
Base Formations:

Base 1 (2010–2013): First consolidation before TSLA’s breakout.

Base 2 (2014–2019): A wide triangle structure leading to explosive growth.

Base 3 (2021–2024): Ongoing range suggesting wave (2) correction.

Base 4 (2026–2032): Projected future range before a possible euphoric blow-off phase.

Elliott Wave Structure:

Current wave count suggests TSLA is finishing wave (2) of a larger 5-wave structure.

Bullish impulse expected with wave (3), (4), and (5) leading to new ATHs, potentially into the $8,000–$10,000+ range.

A corrective ABC phase may follow, bringing price back toward key support (~$450 zone), aligned with Fibonacci retracements and channel support.

Fibonacci Levels:

0.618 and 2.618 extensions align with historical breakout points and future resistance zones.

Long-term projection targets include $1,226, $4,400, and potentially $8,000+, with eventual reversion to the mean.

Log Channel:

Price has respected a long-term ascending channel.

Midline and upper resistance bands guide potential future resistance zones.