Tesla's Stock Price Just Plunged. Is Now the Time to Invest?
After soaring through 2023, 's (NASDAQ: TSLA) fortunes have suddenly changed in 2024.
The EV stock was the worst-performing stock on the S 500 in the first quarter, plagued by a disappointing earnings report, price cuts in the EV industry, and broader concerns about high interest rates weighing on demand.
The stock continued to slide in April as Tesla reported weak first-quarter deliveries, which were down 9% from the previous year, and it made the surprising move of laying off 10% of its workforce later in the month. The stock is down 11% in the past week, hovering near a 52-week low at a time when the S 500 is near an all-time high.
Source Fool.com
Tesla Inc Aktie
207,35 €
2,47 %
Leichtes Buy-Interesse bei Tesla Inc, mit mehr Buy- als Sell-Einschätzungen.
Das Community-Kursziel von 245 € für Tesla Inc deutet auf ein leicht positives Wachstumspotenzial gegenüber 207.35 € hin.
