especially based on the perception of one of their largest shareholders. Also seems like a lot of the other carmakers are getting into the EV game which may very well eat into Tesla's future outlook:
“Elon abandoned Tesla and Tesla has no working CEO,” KoGuan Leo, the third largest individual shareholder of Tesla, who describes himself of Musk’s “fanboy,” tweeted on Wednesday.
https://www.stltoday.com/business/local/tesla-has-no-working-ceo-tesla-shares-fall-as-investors-bash-elon-musk-s-twitter/article_a6d9bbb5-dd0d-5acb-87dd-da6ab4b548ae.html