Your first paragraph says Elon has been an asshole forever so that's not why it's falling. Then you go on to say it's because they aren't innovating, but that's also been the case for a very long time.
Stocks go up and stocks go down and everyone tries to find a reason. It's just easy to find one for Tesla these days. The truth is it's selling off because the entire market is selling off, and the bigger the pump from 2020 till now, the bigger the drop is going to be. TSLA has to be one of the top 10 most overinflated stocks, so it's going to unwind in a similarly spectacular fashion. The actual fundamentals will come in to play later, when Elon's little high risk bet of joining the Trump administration blows up in his face spectacularly.
Stocks go up and stocks go down and everyone tries to find a reason. It's just easy to find one for Tesla these days. The truth is it's selling off because the entire market is selling off, and the bigger the pump from 2020 till now, the bigger the drop is going to be. TSLA has to be one of the top 10 most overinflated stocks, so it's going to unwind in a similarly spectacular fashion. The actual fundamentals will come in to play later, when Elon's little high risk bet of joining the Trump administration blows up in his face spectacularly.