ALB Limited 06.01.2023

Tesla on a Long Time Decline

TESLA
It has been continuing to decline since about September 2022. Last evening, the market started with a rise and closed the day at 113.64 USD. After buying Twitter, Elon Musk "oversold" by selling his shares at high rates in order to finance himself. In addition, there was a long-term decline in the stock, which was also sold by investors, as it seemed to draw its attention from Tesla. It is now closer to being priced as an automotive company rather than a tech company.

Tags: Tesla, Stocks

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