"By looking at the long term chart, all dips were bought"
That may be true when the Branch Elonians believed blindly in everything Elon said and tweeted, but that has worn thin as he has now become "the boy who cried wolf".
He said last wk TSLA would not need to raise capital this year. Now they plan to run 3 shifts for Model 3.
Releasing a car to the public when Autopilot would not "work in certain areas"!? What kind of car company does that?
Then claims that they had the best robotics, now it's too much automation and not enough humans?
Unlike AMZN or NFLX, autos are a whole different ballgame due to warranty work, liabilities , etc.
Elon has "killed" the TSLA brand and public perception of it. Aspen CO shut down the showroom and closed shop.
Too many cons, not enough pros.
Time will tell of course, but the mood has soured from even the 'big money' folk from what I see.
Also, for the year, TSLA is down 7% while the indexes are up 14%, according to a MArketwatch article this morning, saying TSLA has to raise capital after all (consensus by analyts)