Two thing on surface:
1.robinhood crowd is buying this dip like never before
2. short volume is at peak too, using bad Q1 to press it below any reasonable levels
I suggest, this bearish raid is trying to achieve some kind of retail stop-loss avalanche
To me, this is an amazing setup, tons of energy on both sides. Whoever gives up first, we will see an incredible sickening flight.
What strengthens my faith - bearish cards are mostly played now, SEC won't remove Musk, bad Q1 is in the past now. Bullish side has plenty of unplayed cards - Tesla is spawning SC network and building GF in Asia, FSD showing progress, insurance, FCA payment is something so special they have to keep their mouths shut despite I see how itching they're to reveal. And at last, some day Donnie will get his china deal signed. I wish I could add more stock.