Analyst Targets Tesla Stock Drop to $250 by 2027

A popular market analyst is projecting that Tesla stock could slide down to $250 by early January 2027. The forecast suggests that current technical structures point toward a sizeable correction from present levels. Tesla is currently trading around $358 and approaching a key resistance zone near $460 on the weekly chart.

Based on historical price patterns and Fibonacci extensions, the analyst expects a potential 31 percent drop before the asset finds a major long term bottom. This pattern matches historical cycles seen between 2015 and 2019, where the stock rallied before breaking below specific retracement levels and touching long term moving averages.

Despite the short term bearish outlook, the broader long term forecast remains quite positive. Once the expected correction finishes, analysts believe the stock could bounce back and target fresh cycle highs above $560. Traders are keeping a close eye on upcoming regulatory milestones and autonomy developments that might influence the timeline.