Part 4/8:
Newton articulates that Tesla has been largely rangebound but signals a possible breakout. He points to a technical pattern—a triangle formation—that has kept the stock confined since late May. His key technical threshold is the $338 mark; breaking and sustaining above this level would likely spark a rally toward new highs, possibly into the $700s. Newton emphasizes that once Tesla surpasses its all-time high, it could accelerate significantly, especially given the “giant base” it has formed after failed attempts last December.