FX.co ★ Elliott wave analysis of Tesla for June 24, 2022

Tesla is testing the upper level of the support area between 497 - 640. We are looking for Tesla to move a bit lower into the support area to test support near 575 before regaining some of the losses. However, we don't see the correction from 1,243 as complete just yet and more downside pressure is ultimately expected towards support at 497.