Reasons Behind the Decline of Tesla Stock Rally

Reported 10 months 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

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