Tesla isn't worth anywhere near the astronomical valuation the market has given it. They have had only one profitable quarter, are burning through cash at an incredible rate and can't meet any production forecasts. The tipping point should come this fall when Tesla is scheduled to launch a massive offering of long term debt. If that tanks, you will see the price go into free fall. If you have a position in Tesla, I would go short the stock at today's market (covered by the shares you already own).