It baffles me how somebody willing to buy TSLA would become scared so easily. This isn't retail traders. It's institutional traders who understand that the val

It baffles me how somebody willing to buy TSLA would become scared so easily. This isn't retail traders. It's institutional traders who understand that the value proposition of Tesla relies upon getting over the hump of "the new", which is a perilous position where any risks that differ from the old risks have a very negative impact on the proposition. We know and accept that normal cars can catch on fire, and that gas tanks can be punctured and leak, etc. These are known quantities. Crazy exploding/catch on fire batteries though seems new and scary. It may be entirely irrational, but institutional investors understand the importance of psychology (this no-one-injured car fire is in being carried by the majority of news sources) so they just move the money to other investments.