The share price of the world’s most valuable automaker TESLA (NASDAQ: TSLA) crashed by more than 68% in 2022 and In December alone, the stock dropped almost 40%. The recent crazy fall has put investors into a dilemma over whether they should buy the stock.
Tesla has witnessed nearly 70% of its market cap being erased in 2022. Elon Musk became the first man in history to lose 200 billion dollars of his net worth due to a sharp decline in the net value of Tesla’s shares. While the stock slightly regained momentum in the final days of 2022 lifted by the positive comments from Elon Musk, the CEO of Tesla and Twitter.
Why is TESLA stock plummeting?
Is a rebound coming?
How can the TESLA find a way to rise again?
Check out my article for the answers - https://gulfbrokers.com/en/tesla-stock-sank-70-in-2022-is-a-rebound-coming