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Tesla's stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from falling sales and steep discounts intended to lure more buyers.
Tesla stock is wildly expensive, which could lead to a drop of 50% or more Tesla generated $2.04 in earnings per share (EPS) during 2024, placing its stock at a price-to-earnings ratio (P/E) of 161.
After finishing 2024 with a meteoric rise in its share price, Tesla (NASDAQ: TSLA) has been sliding since the start of the new year. The company reported earnings on Jan. 29, and the stock has ...
In a note on Monday, the bank maintained its "sell" rating on Tesla stock and issued a price target of $226 a share. Though that's slightly higher from the bank's previous price target of $197 a ...
Now, the big issue for investors is reevaluating Tesla’s stock price. On Friday, more than $60 billion was wiped off of Tesla’s valuation in a sell-off, a sharp reversal from the stock’s ...
Tesla stock dropped 4.8% on Monday, dropping below $200 and hitting lows not seen since late May despite a broader market rally and rebound in beaten-down tech. Two pieces of news were weighing on ...
Tesla stocks dropped 12.4 per cent this week, hitting their lowest cost in more than a year on Thursday afternoon.. The electric vehicle company’s shares hit $149.93 at the close of business on ...
Shares of Tesla (NASDAQ: TSLA) were heading lower on reports that the Trump administration planned to eliminate the $7,500 electric vehicle (EV) tax credit. Tesla also issued its sixth recall this ...