Breakout traders watching "stock price TSLA forecast" are focusing on the $185 resistance level, which has been tested multiple times, indicating potential upward momentum. These aggressive targets are primarily driven by Tesla's autonomous vehicle ambitions. Ives forecasts the robotaxi opportunity is worth $1 trillion, as Musk plans to launch in over 30 U.S. cities within a year. Tesla is still the top EV maker in the U.S., but a business slowdown amid rising competition is a risk to consider. Some investors are banking on Optimus being a big hit, but it’s good to consider the bull and bear cases before investing in the stock. The correlation between Nasdaq composite movement and "stock price TSLA forecast" remains high, suggesting broader tech trends will shape near-term performance.
