Well, indications for TSLA won’t be available until Monday morning, so the /NQ (which is made up of about 5% TSLA) is all we’ve got. Yes, it gapped down hard for about 3 seconds, but as I’m typing this, about 40 minutes after the opening bell, the NQ is down a full 0.14% and climbing. So, errr, not exactly a wipeout.
Looking at the hour bars, you can see the imminent dumping of $25 billion in TSLA shares on the open market is having approximately zero effect in the grand scheme of things.
