Tesla’s plunge yesterday overshot a Hidden Pivot target, implying there is more selling to come. The ostensible reason for the selloff was a YouTube video posted on the web that showed a Tesla sedan in flames following an accident in Seattle. If regulators were to discover that the person who posted the video had shorted the stock it would raise some interesting legal questions, especially if it turns out that the fire was staged. If you are criminally inclined, and knew how put options work, you might be asking yourself why you didn’t think of doing this yourself, since it triggered an avalanche in a grotesquely overbought stock that was ready to fall.  For your information, weekly October 175  puts purchased for 0.35 the day before would have quintupled your money in mere hours. _______ UPDATE (November 27): I posted a $91 target in the chat room a while back when the stock was trading above $140. It now looks like TSLA will fall to at least $96.31 before it finds traction, but $88.95 is possible if that Hidden Pivot fails.