What Happened? Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 10.4% in the afternoon session after the National Highway Traffic Safety Administration (NHTSA), rolled out new rules to speed up the launch of home-built self-driving cars.

Tesla’s (TSLA) shares can slump to $170-$180 “in weeks,” Gareth Soloway, Chief Market Strategist of Verified Investing said recently on Schwab Network. However, Soloway believes that the shares may bounce significantly once they reach those levels.

Q1 earnings landed with a thud, and Wall Street isn’t sugarcoating it. Revenue slid 9% year-over-year to $19.3 billion. The EV