The drop should be more of "buy the rumours, sell the news". Tesla had a good run and gain more than a fair bit before the 4th Aug. So now is just selling and profit taking. Comments about recession or whatever is just an excuse used to explain the drop in price. Elon had made worse comments about recession and we don't see the same in drop in price. In fact, he had made positive comments but why not mentioned by the author? Because the price falls instead of rising so can't used the excuse of positive comments. Ha ha.
Why Did Tesla Tumble on Friday? Musk’s Recession Comments, Cybertruck Timeline
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