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.

Elon Musk's pledge to lead Tesla for five years boosted shares early Tuesday. He believes the company has already turned around.

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 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.

Traders are becoming more bullish on Tesla. The ratio of Tesla put options to call options fell to its lowest level since November, Cboe Global Markets data showed. That suggests traders are favoring bullish calls over puts that would pay out if Tesla's stock declines.

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 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.