It will be hard to know how much TSLA's current value is due to this vs. how much is the current climate of the whole market.
Under the original plan, Musk needs to sell approximately $20 billion more of TSLA stock before the original deal could be accomplished.
What do you think will happen to TSLA share price if Musk did that?
It's a hard job to find $40+ billion dollars. You gotta sell assets, and when you sell those assets, they fall in price significantly.
And, of course, the counterstrategy is to wait until next Wednesday, when the price of TSLA moves upward, then sell and catch the falling knife when other institutional buyers ease off the stock price.
To be clear, I hold no shares of TSLA because you can get hurt trying to catch falling knives.