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Tesla Stock Plummets 50% Since December. Here’s How Investors Can Manage The Volatility

Tesla's stock has seen a sharp decline, dropping over 15% after a lowered delivery forecast, marking its longest weekly losing streak since 2010, as reported by Bloomberg.
Josh Brown from Ritholtz Wealth Management stated that the technical trend in Tesla's stock is fundamentally broken and cautioned against trusting any near-term rebounds.
Elon Musk's wealth is closely tied to Tesla's stock, which has fallen significantly from its mid-December high of $480 to around $222, with Bloomberg estimating him at $300 billion.

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CNBC

Josh Brown says the Tesla stock trend is so broken that any bounce won't last

The widely followed trader believes that the technical trend in Tesla's stock chart has collapsed, making any rebound unsustainable.

3 days ago·United States

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Fortune

Tesla loses $127 billion in one-day market bloodbath as China car group questions Musk’s pursuit of ‘personal glory’

Tesla shares dropped over 15% on Monday. Chinese EV shares, like BYD and Li Auto, rose in Hong Kong trading.

3 days ago·New York, United States

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The Independent

What could turn around US stock market collapse - and who are hidden winners?

Tesla lost 15 per cent in a day and other big companies dropped even further - with more potentially to come

3 days ago·London, United Kingdom

Tesla stock is falling because Elon Musk’s stock is falling

The company is valued more as a moonshot rather than a carmaker

3 days ago·London, United Kingdom

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Firstpost News

As Elon Musk's politics rises, Tesla loses 54% value since Election Day

Amid extremist politics of Elon Musk, his electric vehicles company Tesla has seen 54% of its value fall since the highs in the weeks after the Election Day, with stock falling by 15% yesterday alone

3 days ago·Mumbai, India

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Benzinga

Tesla (TSLA) technical analysis - Tesla (NASDAQ:TSLA)

Following Monday’s dramatic selloff of more than 15%, shares of Tesla, Inc. (NASDAQ:TSLA) are staging a small rebound Tuesday. The stock has been getting pummeled along with the rest of the market. It is down more than 50% since December 17. It found a bottom around the $222.00 level. This was not a coincidence and it’s also why Tesla is Stock of the Day. In the stock market, there can be price levels that are more important than others. Large a…

3 days ago·New York, United States

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