Company Of The Day: Tesla
What?
Tesla (NASDAQ:TSLA) stock declined by about 20% over the last week to $124 per share.
Why?
Relevant Articles
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- Why It May Be Time To Buy Tesla Stock
- Tesla Stock Falls Post Elon Musk’s Twitter Purchase. What’s Next?
There are renewed concerns about demand for Tesla vehicles, with the company cutting prices of its Model 3 and Y. Moreover, stock sales by Elon Musk are also weighing on Tesla.
So What?
Following last week’s decline, Tesla stock remains down by close to 70% year-to-date heading for its worst year ever.
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