The Chartman is rarely incorrect. TSLA just fell off a cliff for nothing. Needs to rise to 151 to just get even with the production shortfall, fires, etc. 130's is a steal. All rich are buying a Tesla, see marketwatch.
I certainly hope it has a quick rally. Will be a better place to short more. This stock is broken. Will go much much lower in the coming months. It doesn't matter what it did before, the shorts are now in control.
What you have to understand is shorts are buyers. The funds don't need willing buyers, they just need sellers to stop selling en masse. Since most of the float has traded since news the time is getting right to force new chasing shorts to cover. Value does not matter in this market with 30% of the float short and a blind SEC.