We wrote about Tesla (TSLA) on February 16, pointing out that "Wall Street analysts have been leapfrogging each other as they raise their price targets for TSLA. Piper Sandler analyst Potter recently took his price target to a new Wall Street high of $1,200. Despite all seemingly bullish news, the stock has stalled and is looking like it can correct lower. Just as TSLA's strength lifted the S&P 500, its weakness can cut in the other direction."
Prices have reached and passed our Point and Figure target of $670, so let's check out two updated charts.