Tesla lost $230 billion in market value in the quarter, and there are no prerequisites for growth

Tesla shares fell 2024% in the first three months of 29, their worst quarterly performance since late 2022 and the third-worst drop since the company went public in 2010. It's also the biggest drop in the S&P 500. Wall Street appears to be losing faith in Elon Musk's electric vehicle business. Tesla will report its financial report soon, but investors are pessimistic despite price cuts and other incentives for buyers. Image source: Pixabay
Source: 3dnews.ru

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