Tesla’s share drop is equivalent to about 50% of the historical high of all time recorded last December
A significant retreat is recorded today, Monday, the price of Tesla’s share, which is negotiating at the lowest level than before President Donald Trump’s victory last November, eliminating 91% of its profits.
Tesla’s share is falling about $ 15% to $ 225, recording the lowest drop since October 23.
The fall of Tesla’s share today, Monday came as part of the wider losses recorded by Wall Street and are linked to concerns about Donald Trump’s economic policies.
The decline in Tesla’s share is equivalent to about 50% of the historical high of all time recorded last December, when its stock price took off as investors hoped that Musk’s friendly relations with Trump would favor the company.
A series of options by Ilon Musk such as supporting the far -right German AFD party, massive redundancies of civil servants have reversed the once positive climate for the stake in the automotive as Tesla’s assessment has been inextricably linked to Musk’s policy.
At the same time, Ilon Musk has seen Tesla’s sales record a sharp decline in recent months. The automaker said last January that world sales will increase in 2025 and Wall Street analysts are expecting Tesla to sell more than 2 million cars this year. Specifically, its sales decreased by 29% in China, the company’s second largest market after the United States, during the first two months of the year.
Source: Skai
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