Tesla’s 2024 Plunge: A $280 Billion Market Cap Drop and Counting

Tesla’s $TSLA shares are currently at $160, marking their lowest point in almost 10 months, with the stock down 35% year-to-date. Since the beginning of this year, the stock has experienced downward pressure attributed to a slowdown in China’s $TSLA EV market, price reductions, and numerous analyst downgrades. Wells Fargo has downgraded Tesla to ‘Underweight’ … Continue reading Tesla’s 2024 Plunge: A $280 Billion Market Cap Drop and Counting