(NASDAQ: TSLA) announced layoffs earlier this week, and that followed weak deliveries for the first quarter of 2024. What investors need to look at is this performance in relation to the stock price, which this video from Travis Hoium shows is completely out of line with competitors.

*Stock prices used were end-of-day prices of April 16, 2024. The video was published on April 17, 2024.

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Source Fool.com