Tesla is facing a 43% decline. Anyone who followed my Tesla analyzes could see that I regularly took long positions. Nevertheless, I still recommend taking the short position now. The analysis shows that the price movement of TSLA has fallen below the wave axis (orange dotted line). These days, he tested this axis back, then stood in a declining direction again with a decrease of nearly 6%. It can also be seen that the corrective motion I now assume is nothing more than the beginning of the second descending wave motion. In case this falling wave builds up the target price: 347.11usd