Tesla Wave Analysis – 30 July 2026

Tesla: ⬇️ Sell

– Tesla falling inside sharp impulse wave C

– Likely to test support level 288.00

Tesla has been falling strongly in the last few trading sessions inside the sharp impulse wave C of the intermediate ABC correction (B) from the middle of December.

The price earlier broke the support level 340.00 (former multi-month low from April) – which was followed by the latest breakout of the daily down channel from December.

Given the clear daily downtrend, Tesla can be expected to fall further to the next support level 288.00 (target price for the completion of the active impulse wave C).