We were not alone buying the Dip (Patreon)

Retail investors scooped up a net $201 million of $TSLA stock yesterday during the volatility.

“Tesla has been a favorite holding for this group for a while, so when they see a drop of 14% or more, they jump in and buy," said Marco Iachini, senior vice president of research at Vanda.

In other news, Milan Kovac, the head of engineering for Tesla’s Optimus humanoid robot program, is leaving the company effective immediately.

Ashok Elluswamy, head of Tesla’s Autopilot team, will now oversee the Optimus program.

Milan Kovac's exit from Tesla follows a pattern seen with other high-profile departures, like those tied to Full Self-Driving (FSD) and 4680 battery projects. Elon Musk's intense leadership style can push key talent to their limits, sometimes leading to burnout. However, Tesla has consistently shown resilience and right after big departures Tesla hits a major breakthru eg Neural Net FSD V12, 4680 Scaling with more energy density and sub competition price etc.

as it turns out, he left voluntarily purely due to family reasons and being away from his family for 10 years. It’s not for any other reason.