1. Following Elon’s $1B purchase can be tempting, but investors should weigh fundamentals, valuation, and risk tolerance rather than copy a single insider move. His confidence is notable, but it does not eliminate execution or macro risks.

2. Tesla can surpass its previous high of $488 if momentum persists, deliveries remain strong, and optimism about autonomy and energy businesses builds. However, $488 is a heavy resistance zone and would require both technical and fundamental support.

3. Betting against Tesla right after a breakout is risky. The $400 level was a key psychological barrier, and sustained trading above it suggests strength. Still, short-term consolidation is common, and bears may try to fade the move.

4. A 10% upside this week is ambitious. While strong volume and sentiment could carry Tesla higher, such a rapid move would likely need a powerful catalyst like stellar delivery data or fresh AI/robotaxi headlines.

# 1 Trln Pay Package Approved! Tesla Sell the News: Hold for Long Term?

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  • Tesla has opened green every day for about two weeks regardless of where the day has ended

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  • Price holding 400+ does look bullish lah, but those bears gonna test support soon
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  • Merle Ted
    ·09-17
    The longer the base the bigger the breakout!!! And it’s a long base!!!

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  • Thoughtful insights
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