It’s weird how volatile the stock is. Once a stock is known to be volatile, does this tend to produce a self sustaining volatility from games played on top of t

It’s weird how volatile the stock is. Once a stock is known to be volatile, does this tend to produce a self sustaining volatility from games played on top of the stock, such as increased day trading volume? I feel like the actual market assessment of Tesla’s prospects does not actually change as much and as quickly as the stock movement suggests.