In case you are thinking of buying the dip in $TSLA, here are some milestones for the way down:

1. $318 was the close on the day before the Q2 results that opened up the possibility of S&P inclusion

2. $298 is the average analyst consensus target price

3. $275 was the price on the day before the split was announced

4. $234 would equal Toyota's market cap, a company that sells 20 times as many cars as Tesla

5. $213 is the 200 day moving average (for the tech fans)

6. $200 is equivalent to a pre-split $1,000

7. $153 was the price of the February 2020 cap raise, the last time a Tesla insider bought shares

8. $140 is the price that Elon Musk said was too high

9. $118 is a market cap equal to Volkswagen, the world's second-biggest car company that also sells 20 times more cars than Tesla

10. $86 was the price at the start of 2020 before most of the Robin Hooders and Softbank discovered call options

11. $70 is the strike price of Musk's latest bonus options - below that the options are worthless

12. $49 was the price of the cap raise that followed the autonomy day and the fake million robotaxi announcement

13. $19 is the lowest analysts target price (from Gordon Johnson of GLJ capital)

14. $17 is the fair price based on a multiple of revenue, compared to Toyota

15. $13 is the fair price based on a multiple of book value, compared to Toyota

16. $3.62 is the fair price based on a multiple of earnings, compared to Toyota

Look out for these milestones, it is a long way down yet