Elon Musk's ambitious plans for Tesla contrast sharply with the current performance of its shares, which face significant resistance at the 50.0% Fibonacci retracement level of USD 259.02. Analysts remain skeptical, with a majority holding neutral or negative views, and the average target price suggesting the stock is overvalued by about 4%. However, a historically strong seasonal trend from late October to late November could provide a potential boost, as Tesla shares have risen by an average of 12.6% during this period over the past decade.
