The problem with guys like that is they get one thing right and they make a career out of it. Yes it was a great call and made him bank. However he is not right about everything.

As for Tesla, sure the stock could experience a pullback. It is in consolidation mode which is healthy. However, it could go lower which is not a bad thing.

Overall, as long as Tesla keeps selling all they can produce, the company will be in excellent shape.