US EditionTesla Stock Plummets 50% Since December. Here’s How Investors Can Manage The Volatility
- Tesla's stock has seen a sharp decline, dropping over 15% after a lowered delivery forecast, marking its longest weekly losing streak since 2010, as reported by Bloomberg.
- Josh Brown from Ritholtz Wealth Management stated that the technical trend in Tesla's stock is fundamentally broken and cautioned against trusting any near-term rebounds.
- Elon Musk's wealth is closely tied to Tesla's stock, which has fallen significantly from its mid-December high of $480 to around $222, with Bloomberg estimating him at $300 billion.
44 Articles
44 Articles
Financial Times
WDC TV NewsTesla stock is falling because Elon Musk’s stock is falling
The company is valued more as a moonshot rather than a carmaker
As Elon Musk's politics rises, Tesla loses 54% value since Election Day
Amid extremist politics of Elon Musk, his electric vehicles company Tesla has seen 54% of its value fall since the highs in the weeks after the Election Day, with stock falling by 15% yesterday alone
Tesla (TSLA) technical analysis - Tesla (NASDAQ:TSLA)
Following Monday’s dramatic selloff of more than 15%, shares of Tesla, Inc. (NASDAQ:TSLA) are staging a small rebound Tuesday. The stock has been getting pummeled along with the rest of the market. It is down more than 50% since December 17. It found a bottom around the $222.00 level. This was not a coincidence and it’s also why Tesla is Stock of the Day. In the stock market, there can be price levels that are more important than others. Large a…
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