Not to mention this just brings the stock price back to where it was more or less 6 months ago. And it was already considered highly overvalued back then, so it has plenty more room to drop to more reasonable levels. Not that the market cares much about reasonable.
![[u/AdaXaX] We have power! Tesla’s stock is now 100$ less worth than one month ago. Keep the boycott spinning! Buy from the EU only!](https://feddit.org/pictrs/image/62714b19-8b16-4ee0-8245-713a4dcc9ac1.jpeg){kind=link}
Not to mention this just brings the stock price back to where it was more or less 6 months ago. And it was already considered highly overvalued back then, so it has plenty more room to drop to more reasonable levels. Not that the market cares much about reasonable.