Elon's bubble burst. It was so loud area residents though it was a terrorist attack
Every potential positive catalyst is already baked into TSLA's share price..
Elon has bought shares & paid the DOE back.
Most see this as strength. But the fact is their will be no more DOE money for TSLA.
He should have kept the money in the coffers taking advantage of the low interest cash flow to build TSLA rather than steal money interest free cash from people investing in today's further paper selling..
Elon has created the faux appearance of Wall Streets Golden Child getting "believers" to pay $92.45 + for shares of a massively overvalued and extremely speculative investment..
These investors are about to learn tough lesson here.
The Model S is a pretty sweet vehicle, no doubt. But that doesn't make TSLA a buy at the current price. I'm pretty sure most shorts would actually go long at prices below the current price (and are just shorting the hype)