TSLA is making big moves today. Find out why the stock is trading -6% lower:

 Shares of Tesla Inc (TSLA) are trading -6% lower at a price of $703.96 at the time of this writing.

The move comes amidst a backdrop of Tesla CEO Elon Musk trying to back out of a $44B twitter deal. 

Tesla Inc has been trading between a 52-week high of 1243.49 and a 52-week low of 620.57. The stock has a market cap of $730 Billion.

Tesla’s mission is to accelerate the world’s transition to sustainable energy. Since its founding in 2003, Tesla has broken new barriers in developing high-performance automobiles that are not only the world’s best and highest-selling pure electric vehicles—with long range and absolutely no tailpipe emissions—but also the safest, highest-rated cars on the road in the world. Beyond the flagship Model S sedan and the falcon-winged door Model X sports utility vehicle, Tesla also offers a smaller, simpler and more affordable mid-sized sedan, Model 3, which it is expected will truly propel electric vehicles into the mainstream.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

strumthebuilding - 129 upvotes - source
Some of OP’s previous posts: •TSLA “bear setup” about 5 days ago •GME technical setup for a run-up a little over a month ago •Market nearing a hard bottom about 69 days ago when SPY was around 414. Do with that info what you will.

DifferentBasis6260 - 20 upvotes - source
And tsla is a scam that at most is worth 300 billion.. What else?

Perfect_Leg_9070 - 19 upvotes - source
Had to leave this sub due to the spam of GME, Elon, Twtr/tsla nonsense quadruple postings. There’s really special about this sub anymore, it’s dying breed like Kmart, circuit city, & block buster. Sad to say the least!

EatMaTesticles - 19 upvotes - source
Imagine CPI >9% and AAPL, MSFT, TSLA missing earnings. Spy 250 lmao

corticothalamicloops - 17 upvotes - source
is tsla the only stock in the world that institutions just completely ignore fundamentals on? i’m really really struggling to see why so many analyst price targets are still way over 1000 (corresponding to P/Es of like fucking 150). especially in a recession. seriously, what am i missing here? aren’t interest rates only going up? isn’t tsla’s market share only going down??? people act like no other company in the world makes EVs or will ever make as many EVs as TSLA which is just absurd marketing by their ponzi-scheme-pushing ceo

-DrillTeamSix6- - 15 upvotes - source
!Banbet TSLA 700 5d

rhrnakghkco - 14 upvotes - source
I fucking lost my 3 months saving on TSLA calls in last 1.5 hrs

DunderMufflin69420 - 13 upvotes - source
I think you mean going green, not ESG. ESG is pretty widely known as a garbage metric on par with the BBB. Literally XOM is scored better than TSLA. I guess they're just so good at the completely quantifiable metrics of social and governance that the measurable amount of environmental damage is nullified?

No-Relationship118 - 12 upvotes - source
I'll never understand TSLA culties who bought at 900+ still trying to defend that investment. Y'all are a special kind of dumb 

Gullible_State_9849 - 11 upvotes - source
People that have never bought a TSLA call or put should shut the fuck up about Musk on WSB. Bunch of reddit normie 20 year old socialists spamming worthless posts.