Tesla stock price tumbles on sales estimates pullback
Its stock tumbled 15 per cent on Monday after UBS Group AG’s Joseph Spak cut delivery projections both for the first quarter and the full year. Robert W. Baird & Co. analyst Ben Kallo similarly lowered his estimates for Tesla deliveries on March 6.
"As a traditional investor, it doesn't fit any valuation system that makes any sense compared to any other stock," Ross ...
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Will Trump's Tesla Endorsement Aid the Stock Amid Sales Slump?Tesla TSLA, one of the world’s most well-known electric vehicle (EV) manufacturers, has faced a significant drop in its stock ...
The company's market capitalization has dropped since hitting an all-time high of $1.5 trillion in December, erasing most of ...
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After years of leading ... helped boost fourth-quarter sales, but they weren’t enough to turn the year around. Tesla has also been forced to cut prices repeatedly, squeezing its ...
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And the headwinds for Tesla sales are real, from increased competition to the price of its cars.Perhaps ... changed much over the last four years.The rise in people who say they are crossing ...
With Elon Musk facing escalating political blowback and financial troubles, President Donald Trump said he would buy a Tesla ...
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