Tesla is not a value play but a momentum play. Stock might drop to to 260 but I doubt it, 280$ more likely but it already looks stable at 300$. It will start going up as fantasy returns and the results drop in the background.
It was a bit slower than I expected, but it is back to $310+ with his usual tweet: "Tesla Semi Truck unveil to be webcast live on Thursday at 8pm! This will blow your mind clear out of your skull and into an alternate dimension. Just need to find my portal gun ..." It needs to stay above $305 for my IC...