Tesla’s value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead::Tesla shares closed Tuesday at just over $233, well down on their 2023 peak of $291.
Tesla’s value plunged nearly $200 billion since mid-July – and the EV maker faces a bumpy road ahead::Tesla shares closed Tuesday at just over $233, well down on their 2023 peak of $291.
I wouldn’t try and argue with people who don’t understand. https://insideevs.com/news/651978/world-top-ev-oem-sales-2022q4/. Tesla sells more BEV’s than anyone else. Anyone who says Tesla has competition now is completely uniformed or purposely trolling. VW and BYD are the closer ones, globally. In the US, no one comes close.
They have big problems. They are way overvalued, and other manufacturers are catching up who are geared for higher levels of mass production. And once the share price starts falling there’s the risk that it can cause a feedback loop.