Tesla was under pressure Thursday after issuing a warning about production growth in 2024 and reporting Q4 results that fell short of expectations.
Tesla was under pressure Thursday after issuing a warning about production growth in 2024 and reporting Q4 results that fell short of expectations.
Their stock is down 28% in the past month, putting them at 28% (ironically) higher than this time last year. That’s nothing to scoff at and is still a better return than any other American car manufacturer I’ve seen but the drastic drop is concerning
Compared to Ford Motors down 9% from a month ago and down 10% from last year. GM down 3% from the last month and down 2% from last year.
The market is tanking across the board, but Tesla is tanking hard fast. We’ll see how far it goes.