Reported about 8 hours ago
Tesla's stock has seen a drastic decline, dropping nearly 40% from its late 2024 high, with recent sales data from Europe exacerbating investors' fears. Following a disappointing quarterly earnings report, the company's market value has fallen below $1 trillion for the first time since November. With little sign of a recovery and mounting concerns over valuation and competition, many traders are bracing for further losses rather than capitalizing on potential dips.
Source: YAHOO