$Tesla has been over valued due to the popularity of Elon. It is the same thing with all of the Pyramids schemes . People feel that $Tesla offers an opportunity to “make” money . Now the BIG BOY keep cashing out their money. People started to panic and afraid to hold $Tesla for long. The Pyramids started to fall. Elon had set the new ceiling price when he cashed out his latest $4 billions at an avg of $180/share. With the current chip shortages, economy and china locked down situation, $Tesla Q4 is more likely to be missed. You should expected to see him cashed out more money before Q4 . When the faith has been replaced with people fear, there will be no surprise to see $Tesla return to its fair values. No new news about Tesla. Only selling hope and dream about 50% car price at 2025. That is also when Toyota and another big car companies also planned to launched more EV into the markets. That is also when the car makers will have EV batteries shortages problem . Tesla business will stay but the stock won’t be as much as today price.