Telsa is running out of ways to keep their stock going. Musk used some market manipulation to squeeze shorts, which propped up their stock price. Then there was the inclusion in the S&P500, which opened up the floodgates from retail investors who are forced to throw a portion of their retirement at Tesla. That helped for a while. Now it looks like they are trading/manipulating crypto prices in an effort to keep their stock price going.

Telsa has absolutely defied the doubters. But I think they've reached the end of their bag of tricks. This crypto stuff might float them for another year or two, but eventually, the market is going to demand real revenue proportional to the value of the stock. When that happens, the fall is going to be epic. I wouldn't be surprised if stock plunge -> removal from S&P500 -> delisting -> private buyout at 1/1,000 of current price happens in the span of two months.