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Tesla Stock Stuck in a Bear Market: Top Reasons It May Rebound Soon
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Tesla Stock Stuck in a Bear Market: Top Reasons It May Rebound Soon
Key Insights Tesla stock has slumped to $327 from the year-to-date high of $499. The company is benefiting from the rising demand for its vehicles. There is a likelihood that the ongoing free cash flow woes are short-term. Tesla stock has crashed into a technical bear market. It moved from the year-to-date high of $498 to the current $327. This retreat continued after the company published its financial results. That showed its free cash flow c…
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