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Tesla is in freefall

Tesla is in freefall

Tesla has now erased 2 years of gains and is down7% today in another day of heavy selling.

Shares started the month near $200 and are now trading at $127.76, a level that was first hit in August 2020.

This looks a lot like tax loss selling but it's also a continuation in the loss of confidence in Elon Musk. His purchase of Twitter is already destined to be one of the worst M&A deals of all time, not only for the overpayment but for the destruction of the myth around the Tesla foun... Read More

Posted: Dec 22 2022, 16:06
Author Name: forexlive
Views: 1102100

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