Tesla stock finally splits $170! Why did stock prices fall!?
The result of 3/13 (Wed) is $169.48 (-4.54%) ⤵️
It lost to selling pressure and finally split $170. High-tech IT brands, especially EV brands, were unwell on this day.
It lost to selling pressure and finally split $170. High-tech IT brands, especially EV brands, were unwell on this day.
As for Tesla, it seems that analysts' sense of caution against Tesla stocks is spreading, and the ratio of bullish evaluations has fallen to a low level since 2021/4. Also, Wells Fargo lowered Tesla's evaluation to a bearish level and lowered the price target to $125. This seems to be the main factor that accelerated Tesla stock.
Meanwhile, as positive news, electricity has returned to the Berlin plant in Germany, which had been shut down due to a power outage for about a week, and operations have resumed. The production and sales volume of Q1 is likely to be tough, but I would like Tesla to step up somehow.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
FIRE達成したナナミン : I feel the same way as a Tesla or Elon fan. I don't think there are any prospects for recovery this fiscal year, but I want them to expand sales channels with strategies such as driving at low temperatures, mileage per unit charge amount, and price cuts
宗右衛門 : Tesla's turbulence is always the case.
Last time it dropped to close to $100.
The people who grabbed the high price probably don't care, but if you buy a Tesla, you have no choice but to endure it, and if you don't have the confidence to endure it, I recommend cutting losses as soon as possible and never getting close again.
Not only financial results, but Elon Musk itself is a risk, so I think it's a representative stock that you shouldn't touch casually