My pet theory (which is not intended to be taken too seriously) is that it is indeed a discarded light sail, and that light sail in particular was used to transport a Von Neumann probe which detached at some point after the object entered our solar system but before we first observed it. This detachment, in addition to leaving the sail tumbling, would have changed its trajectory, meaning our estimation of which direc…
I thought one of the main issues arising with the "alien tech" theory is that this object was moving too slowly to ever make it to our solar system in any timely manner? Thats not to say it couldn't have slowed down prior to us finding it, but if its a detached light sail why wouldn't the alien probe have detached it at higher speeds to have less mass to slow down?
Really, the opposite is a better argument: How could the probe have landed safely on Mercury (or wherever) after ejecting from a light sale that still had enough velocity to escape the solar system?