Tesla Inc. had a blockbuster 2023, as its shares more than doubled in 12 months. But 2024 is starting on a different note, with Elon Musk’s electric vehicle maker off to its worst start to any year, says an article published on yahoo website.
Summary- Tesla’s shares doubled in 2023, but the company has seen a market valuation decline of over $94 billion in the first two weeks of 2024.
- Negative news, including Hertz’s shift on EVs, continued price cuts for Chinese-made cars, and rising labor...
https://mfame.guru/tesla-faces-94-billion-market-valuation-drop-in-challenging-start-to-2024/