The whole EV sector is regaining great momentum right now, with all the positive news. The correction has been lasted for quite some time and the current valuation seems to be healthier right now, compared to few months ago.
For the case of Tesla, the answer is definitely a YES for it to accelerate and breakout, it is just a matter of time without doubt. The next target price will be around 300 USD.
EV sector is the future trend, all the car on road will be EV cars for next decades, the market is very very big and do expect more revenue boost for all the EV makers. Therefore I am bullish for all these EV companies like TSLA, Nio, $Li Auto(LI)$ $XIAOMI-W(01810)$ Bullish, Xpev, etc...
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Comments
Maybe you are too optimistic, it is better to be cautious
I believe 300 is not a problem for Tesla
The EV industry definitely deserves our unwavering support