The upcoming Robotaxi event could be a make-or-break moment for the stock. Electric vehicle maker Tesla’s (TSLA) stock is stuck in neutral, down 7% on the year and trading sideways since July. Retail investors continue to have high hopes for the company’s self-driving vehicles and ...
Tesla stock fell 3.5% to 249.02 during market action on Wednesday after tumbling to 241.50 soon after the open, finding support at the 21-day line. TSLA stock has been climbing further above its 50-day moving average to within around 8% of its July high....
Tesla’s Stock Losses Accelerate. It’s Laying Off Workers and Losing Key Executives. By Al Root Updated April 15, 2024, 4:37 pm EDT / Original April 15, 2024, 7:02 am EDT Reprints Tesla stock fell Monday as investors digested news about large layoffs, the departure of another critical...
In a Twitter Spaces interview on Thursday, Musk vowed to stop selling Tesla stock until at least 2024, though he has previously violated commitments to halt sales of the stock. He added, meanwhile, that he hadn't missed "a single important Tesla meeting" since acquiring Twitter. M...
The losses at Tesla wiped nearly $50 billion from the company's value and elicited scrutiny of CEO Elon Musk.
Tesla stock is on a tear in 2023 with a 159% gain so far, but it's still down 31% from its all-time high following the dramatic sell-off in the technology sector last year. It appears relatively expensive based on traditional valuation metrics like theprice-to-earnings (P/E)...
Tesla’s share price fell in the second half of 2022.Trading View Investor sentiment is obviously key when it comes to Tesla’s declining share price, however. The company could manage this by being more cautious when announcing forecasts for production, sales, new models and techno...
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But comparing Tesla and BYD based on sales volume is a metric that matters much less now than it used to in determining the outlook for the companies’ stock prices. The problem with continuing to use the number of deliveries as a key metric for the sector is that it does not bring in...