TESLA now down over 44% this month

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TSLA #TSLA Now down over 44% this month. Weekly gap below at $81.87 acting as a magnet.

-Margin calls in full effect
-Long-term holders taking profits before EOY
-Short-term holders taking losses before EOY

A recipe for an epic selloff.

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By the way the P/E of Tesla is 56 now

Exxon Mobil that is up 78% and pays a dividend of 3.3% has a P/E of 8.

So Tesla is sporting a P/E 700% higher than Exxon. After its crash.