The Tesla market value recently fell below a trillion dollar at the forefront of time since November 2024.
Tesla shares have dropped to a price by 40% from the end of 2024. Autumn has accelerated in recent days amid information on reducing the sales of the company’s electrical vehicles in Europe almost double. This was reported by the Bloomberg news agency.
A nearly 17 percent decrease in the value of shares this week suggests that slowing down cases in Tesla’s main business business is concerned with entrepreneurs, the media note.
The company’s sharing has been raised after the US presidential election due to assumptions that Musk will only benefit from the close partnership of President Trump. But the hope of investors was not justified, and in January the company announced weak supplies in the fourth quarter.
Later, the revenue report presented a lower quarterly profit, while the company had to reduce the sales forecast for 2025.
The Tesla market value has recently fallen below a trillion dollar at the first time since November, dropping below Berkshire Hathaway and Broadcom in the ranking of the most expensive American companies.
The enthusiasm for the political mask also interferes with investors that he wants to spend more time managing his own company.
Any of these factors can be the reason for preparing some investors for additional shocks when they do not buy anything in the subsidence.
Remember, Tesla announced the collapse of annual sales. This happened for the first time in nine years. In 2024, Tesla delivered 1,789,226 cars worldwide, less than 1,808,581 cars in 2023.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.