Tesla $TSLA has been in an accumulation triangle for 5 years. In that time, price has seen massive fluctuations from $400s back to $100s back to . This is the nature of a consolidation and this stock.

It's actually very difficult, almost improbable, for a move like today to "break" the structure of a multi-year pattern unless there is a massive bear case that we are not seeing
In those 5 years, they've engineered one of the most sophisticated real-world hardware applications of AI with FSD and robotaxis. The market is not yet giving them any credit for their buildout in robotics with Optimus. Terafab will be one of the largest AI training facilities under one roof for chip design, manufacturing, memory, and packaging and they've secured a massive supply of long-lead items like memory chips from Micron.
They will be one of the largest beneficiaries of the AI infrastructure buildout, but we're still very early.
Currently at at the support of a 4-yr trendline where you also have:
- 200w EMA = $307
- 0.786 fib = $307
This is an area to DCA in my opinion