I thought, and somehow hoped that Tesla will hold a $260 level. Even though I don’t trade this company, because of its volatile nature, I check on it every day to see if there is any logic behind the price moves. Now it seems investors have finally had enough and dumping shares, hence the price is going down.
Next stop is somewhere between 180 to 200. Maybe Tesla has a trend where it falls for few years and then it jumps to a new high.
TSLA is a no trade for me.