Below are the downside targets for Tesla Inc. (TSLA).
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$507.09 (conservative target)
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$401.39 (mid-range target)
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$295.69 (extreme target)
Parabolic increases rarely go unchecked. This typically means that a decline to the conservative downside target is the norm, at minimum. However, Tesla has had a history of defying the “norm” when it comes to price change.