SpaceX (SPCX) made a stunning reversal after insider lock-up expirations were not as bearish as expected. All of this may culminate in something similar for Tesla (TSLA), as TSLA stock has been through a similar fall.
That said, Tesla is not SpaceX, and the company does not have the ingredients for a multi-trillion move to either side. Still, you only need the bullishness to partially spill over into TSLA stock for it to start performing again.