Tesla is broken for now.
There was another bad news from China.
There are 2 major support level at 259.53 and 235.42.

It may recover shortly but that might be a dead cat bounce.
I think there's a fundamental issue with this company.

So here are options:

  • Hold current position and double down at 259.53: Not recommend
  • Sell now. Wait and watch close until 259.53 then enter slowly.
  • Don't look at it until 235.42
I had to take the profit in the premarket but I was hit off guard.
But that's okay....
Move on~~~