Technical Summary: The thing to remember that as a shareholder of TSLA is that the day to day movement in the stock price is likely to be influenced by what is happening in the news. We know of no other stock that is as heavily influenced by media and the public actions of its CEO as TSLA. This often means a rollarcoaster ride for holders with plenty of volatility in the stock price. Our assumption is that if you are a TSLA shareholder then this is the way you like it. Consequently there are plenty of gaps in both directions in the stock price as the market tries to quickly disseminate the frequent news updates. Despite all the wooha the stock is trading at about the same place as it was a year ago and is
locked in a long term trading range. The volatility will provide opportunity to astute traders on a mean reversion basis, buying at the bottom of the range and selling near the top.