Shares of Elon Musk’s company fell 18% in a week – their price dropped to $123.1 each on December 23. The capitalization drop amounted to $ 85 billion – now the company is worth $ 390 billion. And in a year Tesla has been written off and completely tripled (from $ 1.2 trillion).
Not only the shares fell in price, but also the company’s products, that is, electric cars. A discount of $ 7.5 thousand was announced for them, only the reason was not a fall in shares, but a decrease in demand, which, of course, also worries investors.
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Source: Commercial