Tesla: A little Bit of Elliott Analysis Tesla, Inc.NASDAQ:TSLAStruggle_ManHello, Currently, Tesla is correcting in a wave (4), which is expected to end around the $(390-430) area. After that, it will likely start wave (5), with the following possible targets: 1) 1.236 Fibonacci level $(577). 2) 1.382 Fibonacci level $(706). 3) It may even extend to the 1.618 Fibonacci level around $(987). After completing the fifth wave, the stock is expected to collapse and enter a deep, long correction. Thank you.