I think for the next 2 quarters, on the upside, TSLA will not be able to go above 240, and on the downside, it is likely going to retest the recent lows around 180-200. In a worst case scnearios (something like it miss earning badly, or if Waymo suddenly push to a lot more cities), TSLA could go to 160.
Right now, TSLA is at 220, clearly, risk/reward situation does not favor going long with Tesla at this point.
Still holding half of my TESLA shares for next 3-5 years, but in short term, it will go to defensive mode