He's not accounting for the volatility of the stock. That's the reason that premiums on tsla options have been and are so incredibly high.
He didn't even mention that the SPY is much less volatile over its entire history than TSLA individual stock considering it's an index of 500 large/mid cap stocks. Of course it's going to be less volatile.
Did he tank it? Maybe, but every tech stock had a dip around 11am. If he tanked it then the sentiment analysis bots tracking his tweets need to be tweaked a bit.