Reasons Behind the Decline of Tesla Stock Rally

Reported 1 day ago

Tesla's stock has seen significant gains since the U.S. presidential election, but it is experiencing its second consecutive day of losses as it approaches year-end. Investors are concerned that Tesla may not meet its ambitious fourth-quarter delivery targets of 515,000 electric vehicles, with analysts predicting around 510,000 sales. While some anticipate strong sales in China, many believe a shortfall in deliveries could further drive the stock down. Long-term prospects, particularly related to Tesla's autonomous driving technology, suggest potential for strong recovery.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis