Tesla shares sank to a new low !

[Social Media]

Shares in electric vehicle maker Tesla sank to a new 52-week low on Tuesday, closing around $138 per share, or 8% lower for the day in an otherwise mixed day for stocks.

CEO Elon Musk tried to blame the sinking price partly on macroeconomic factors.

[London Lowf]

34 minutes ago, Black Ops said:

CEO Elon Musk tried to blame the sinking price partly on macroeconomic factors.

... and I'm sure that he was correct.

[ozimoron]

TSLA stock price crashing the last week or two. At 2 year low now.

[TheJoker999]

road to $75 ill start buying at $25 ????

[ozimoron]

South Korea fines Tesla for exaggerating driving range of its EVs in cold temperatures

 

The Korea Fair Trade Commission (KFTC) said that Tesla had exaggerated the "driving ranges of its cars on a single charge, their fuel cost-effectiveness compared to gasoline vehicles as well as the performance of its Superchargers" on its official local website since August 2019 until recently.

 

The driving range of the US EV manufacturer's cars plunge in cold weather by up to 50.5 per cent versus how they are advertised online, the KFTC said in a statement on Tuesday.

 

https://www.abc.net.au/news/2023-01-04/south-korea-fines-tesla-for-exaggerating-driving-range-of-evs/101825198

[ozimoron]

Tesla shares start 2023 lower on worries over weak demand, logistical issues

 

https://www.reuters.com/business/autos-transportation/tesla-shares-start-2023-lower-worries-over-weak-demand-logistical-issues-2023-01-03/