Part 10/13:
Looking ahead, the speaker anticipates that Tesla will likely oscillate in a range between about $460 and $470 over the next week. He downplays expectations for a dramatic breakout in the immediate term, suggesting that the current rally is more about conviction than fundamental justification.
He foresees Tesla approaching $500 by year-end, primarily driven by the broader market upward movement—estimating a roughly 5% market gain could push Tesla over that threshold. However, he warns that a market correction could significantly drag Tesla down, potentially halving the market’s decline due to Tesla's high beta, making short-term downside risks plausible.