Reported 27 days ago
Tesla Inc. has lost about 25% of its value in under two months, equating to approximately $400 billion, leading Wall Street to caution potential buyers. Analysts suggest the current stock price remains high in light of declining sales and increasing volatility, indicating more potential downturns ahead. Despite a recent brief recovery, concerns about weak fundamental performance persist, suggesting that investors should tread carefully before diving back into Tesla's shares.
Source: YAHOO