Tesla stock plummets, but its sky-high valuation persists. Here’s why
Tesla shares dropped more than 15% on Monday, making it the worst performer in the S&P 500 Index. Tesla’s stock has dropped by nearly half in three months. Even so, investors are still debating whether Elon Musk’s electric-vehicle maker remains overpriced.
Tesla on Pace for Worst Day Since 2020
Tesla stock is on pace to erase its post-election gains, with shares on track for their worst day since the fall of 2020. Disappointing sales data and concerns over Chief Executive Elon Musk’s role in the Trump administration have sent Tesla shares sliding this year.
As part of the sell-off, shares in technology firms dropped, with Tesla stock sinking by 15.4%, while artificial intelligence ...
In the same interview where he revealed he’ll be working with the Trump Administration for another year, Elon Musk said he’s ...
Musk has become the face of the Trump administration’s slash-and-burn government downsizing efforts, known as the Department ...
Joe panel had a laugh at Elon Musk’s expense as Tesla’s stock price suffered its biggest single day decline in nearly five ...
There’s a “black cloud over Tesla’s stock,” remarked one analyst as Musk’s primary company suffered its worst loss since 2020 ...
Tesla stock soared after the election as investors seemed to believe that Musk's close relationship with Donald Trump would ...
The electric vehicle company’s stock has tumbled about 18 per cent over the last week, from $272.78 (U.S.) on March 5 to $222 ...
24/7 Wall St. on MSN1h
Wall Street Price Prediction: Tesla's Share Price Forecast for 2025After soaring in 2023 and 2024, shares of Tesla (NASDAQ:TSLA) have been battered over for nearly three months now. To start ...
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