$Tesla(TSLA.US)

I've said it before when Tesla was at 500 bucks, and I'll say it again now.

Space has entered the financing stage, and Tesla's stock price is 100% going to plummet. Although it has already dropped some before, it's probably just digesting the negative news about Space, because Tesla itself is essentially a large-cap meme stock, equivalent to a faith stock for Musk.

Now that another major extension of Musk has gone public, some of his believers' funds will be diverted into Space. Moreover, such a large financing amount for Space will definitely significantly impact Tesla's stock price. Inevitably, Space will be hyped up in the short term while Tesla plummets. Later on, it might be SpaceX correcting and Tesla rising. I think Tesla will 100% break below 300 in this wave.