Part 5/8:
Recent movements have validated this analysis: Tesla did breach the $338 level, with trading volume nearing 55 million shares, suggesting strong momentum. Although volatility persists—such as today’s price bouncing between the $338 and $345 levels—Newton’s outlook remains positive if key technical levels hold.
Fundamental Catalysts and the Time Horizon
While technicals are promising, the broader picture also hinges on fundamental developments. The speaker highlights several upcoming catalysts, notably the market's “critical mass” of robo-taxis and the targeted infusion of cash flow, expected around April or May of next year. These events could serve as fundamental triggers for a substantial upward move, potentially pushing Tesla’s stock to $500 or more within the year.