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Published 11 days ago

Tesla stock prediction for end of 2024

Summary by Finbold

After an outstanding performance in 2023, this year has been forgettable for Tesla (NASDAQ: TSLA) stock. Declining sales, production setbacks, layoffs, and revenue shrinkage due to cost pressures are just the tip of Tesla’s challenges. According to CEO Elon Musk, approximately 10% of Tesla’s global workforce, totaling 140,000 employees, has been laid off as part of a strategy to ‘boost productivity, reorganize, and succeed.’ However, during the …

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Tesla stock prediction for end of 2024

After an outstanding performance in 2023, this year has been forgettable for Tesla (NASDAQ: TSLA) stock. Declining sales, production setbacks, layoffs, and revenue shrinkage due to cost pressures are just the tip of Tesla’s challenges. According to CEO Elon Musk, approximately 10% of Tesla’s global workforce, totaling 140,000 employees, has been laid off as part of a strategy to ‘boost productivity, reorganize, and succeed.’ However, during the …

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