Tesla Stock Is Down 50% From Its High. Time to Buy?

Motley Fool2022-10-15

KEY POINTSMarkets fell sharply on Friday, sending the Nasdaq Composite to a new closing low for 2022.Tesla shares have fallen by a third in less than a month.Tesla's earnings report next week should ...

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Comments

  • chinks29
    2022-10-16
    chinks29
    Ok
  • Sysy
    2022-10-16
    Sysy
    K
  • simis
    2022-10-16
    simis
    Like pls 
  • ongcjeric
    2022-10-16
    ongcjeric
    Jj Hhh
  • ongcjeric
    2022-10-16
    ongcjeric
    Hh
  • robot1234
    2022-10-16
    robot1234
    Tesla Inc. shares tumbled about 50% from their all-time high, amid a broader selloff in the US stock market that has hit growth and technology companies especially hard. The electric vehicle-maker’s shares closed down 7.6% to $204.99 on Friday, taking its market capitalization to $642 billion. The decline has now sliced in half the stock’s Nov. 4 record closing high of $409.97. The plunge comes amid a wider meltdown in the markets, as the specter of an economic slowdown rattles investors already bracing for the impact of rising inflation and higher interest rates. Riskier growth stocks with rich valuations have borne the brunt of the selloff. Tesla’s own list of woes are long: Vehicle delivery in the third quarter took a hit due to logistical troubles, and some analysts warned that the cli
    • wingcheong: 
      Elon Musk, one of the world's wealthiest persons, has ventured into a few other businesses. He even tweeted about buying Coca Cola and McDonalds later on. Many ideas floating in his mind. Starlink, Perfume. Tesla and etc. TSLA is in downtrend and in my humble opinion, it's an opportune time to accumulate.
    • SeanSak: 
      like
    • GeorgeOr: 
      thanks for sharing
    • k1wong: 
      k
    • Jo C: 
      Ok
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