Honestly starting to feel like TSLA might be one to walk away from.
Going into the first trading day of 2026, TSLA was up \~2% in premarket, and it really looked like it might finally make a run at the $500 psychological level. Sentiment felt bullish, risk‑on vibes, new year optimism, all of it.
Then the market opened… and it completely fell apart.
Instead of follow‑through, the stock sold off hard, flipping from +2% premarket to around ‑3% intraday. No momentum, no support, just straight selling pressure.
At this point it feels like:
Premarket moves are meaningless
Bullish narratives get sold immediately
Price action is completely detached from what you’d expect technically
Maybe this is just TSLA being TSLA, but days like this make it really hard to stay constructive. Curious how others are reading it, shakeout before another leg up, or just more evidence that this name is broken for now?