$Tesla(TSLA.US)Tesla’s recent weakness is a good reminder that even the strongest narratives can’t completely override market conditions. The excitement around the broader Musk ecosystem, including SpaceX, helped sentiment for a while, but when liquidity tightens and risk appetite fades, investors still head for the exits.

What’s interesting is that the stock hasn’t been falling because of a single headline. It feels more like a gradual reassessment of expectations after a strong run. For months, the market was willing to price in robotaxis, AI, autonomy, and everything else at the same time. Eventually, that creates a very high bar.

The long-term story hasn’t disappeared, but the recent decline shows that narrative alone isn’t enough. Even market favorites need periods where expectations cool down and reality catches up.

@Bridge Buzz SG