Saturday, March 25, 2023

Tesla stock plummets as Musk loses a lot of money

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Worth three quarters less

Will Tesla Stock Fall Below $100 Soon?

A good start to the year is different: Tesla shares fall significantly on the first trading days. Tesla stock could be worth less than $100 for the first time in a long time. Elon Musk is also losing a lot of money because of this.


Tesla has lost three quarters of its market value in the last twelve months.


Milena KalinEditor Economics

Tesla produced 439,000 cars in the last quarter of 2022. A new record! Still, investors are not satisfied.

Tesla boss Elon Musk (51) promised too much. He predicted an “epic” fourth quarter and full-year growth of 50 percent. In reality, Tesla achieved 40 percent growth in 2022.

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