With headlines crowing that stock is either soaring or tanking, I thought I'd ask ChatGPT to explain what's going on with Tesla stock -- like I'm 12.

Ross Gerber said there are three problems he sees for the EV maker, and that the next six months will be crucial for Musk's company.

Among other moves to shore up investor trust, Tesla appointed former Chipotle CFO Jack Hartung to its board of directors, effective June 1.

The stock is slumping today, however, as many investors shift their focus to the EV business itself. And the numbers don't look promising. Shares dipped as much as almost 5% Monday morning and remained lower by 3.3% as of 11:35 a.m. ET.

Tesla shares opened the week down as part of a broader market decline that comes after Moody's Ratings downgraded its view of the United States' creditworthiness late Friday.

Tesla's addition of Chipotle president Jack Hartung to its board of directors helped boost the stock last week. Hartung could aid the board in its quest to explore “alternative ways” to compensate CEO Elon Musk after a Delaware judge invalidated his $56 billion pay package.

Management may continue to dangle the carrot of new prototypes to keep shareholders happy. Cathie Wood may still have a price target of $2,600. But smart investors know that a stock follows its fundamentals over the long term, which is why Tesla stock is much more likely to crash than soar at current levels. Don't buy it for your portfolio today.

Tesla shares lost ground to start the week after posting gains in each of the previous four weeks, a period during which the stock rose 45%. These are the key support and resistance levels to monitor.

Robyn Denholm sold Tesla stock in recent months while Elon Musk, the chief executive she oversees, worked for President Trump and alienated many car buyers.

Now we have learned that things are getting worse for Cybertruck owners: The Cybertruck has depreciated by 45% after only one year, according to CarGurus. The depreciation is so b