I believe Elon Musk is one of a kind Super Human..!
But when I looking at trade , I see money started getting out of Tesla , and it started weeks ago!
Look at the trading , 20 days average trading 2021 is 1/4 of 2020..!
It shows me there is no money influx, not any more..! and it has changed to outflux!
The real reason behind any share price movement is not how good a company is, but it is MONEY..!
Money rules..!and if you think otherwise, sooner or later you will be washed out ..!
Do not try swimming against the current, soon you will be exhausted and drown easily.
In any market, your first obligation is to find the most emerging current..!
look at my analysis of EV makers in February.
Whether yesterday was "the bottom" or just a "dead cat jump", it all depends on what's on that report.
From there, we will be forming the right shoulder of the inverted H&S on the daily chart for a long position to $900 target after we clear the $720 neckline.
This is just an opinion, and not an advice.