Latest News

: Tesla investors await clues on demand, board actions and weigh downside risks in 2023

0

Tesla Inc. stock has lost half its value this year, dragged down by worries that Chief Executive Elon Musk has treated the electric-vehicle maker as “an ATM,” as one Tesla bull recently said.

Worries about cooling demand, particularly in China, add another layer of concern for Tesla TSLA for the new year. Most investors are skeptical that the Tesla board would rein in Musk, as many view board members as deeply connected to him and unlikely to act independently.

Yet…

In One Chart: Still a bear market: S&P 500 slump signals stocks never reached ‘escape velocity’

Previous article

Sterling Down after Weak Data, Euro and Swiss Franc Strong

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News