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Tesla set to erase $70 billion in valuation after Musk’s sales warning

Published by admin on January 25, 2024

Tesla tumbled nearly 11% on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts.

Categories: BYDChinacompetitiondemandelectric vehicleElon MuskevEV industryFordMarket capitalizationmarket valuenext-generation electric vehicleoperating marginprice cutsshort sellersstock downgradeTechTeslaTexas factoryTodays HeadlinesValuation

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Tesla set to erase $70 billion in valuation after Musk’s sales warning

Published by admin on January 25, 2024

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