Elon made multiple large sells at a price quote a bit above where the price is now. Currently, the stock is trading in a range below those large sells. Why would Elon sell a bunch of stock if he thought his stocks were cheap? There is also a gap well below the current price. That is where there is a gap in the stock price from one day to the next, usually from some important bit of news. More often than not, those gaps eventually get filled as the stock crosses over those missed prices. If that happens here, Tesla stock price would have to drop quite a bit.