New data suggests that things are about to get worse for Tesla
Tesla (TSLA) stock continues to struggle this week as market conditions show no signs of improving. The former electric vehicle (EV) producer has mostly watched shares trend downward since the year began amid an increasingly volatile market.
Granted, TSLA stock isn’t the only big tech leader that has struggled lately — far from it. Many other members of the Magnificent 7 group of top tech stocks are currently slipping deeper into the red as uncertainty continues to cloud the financial market outlook.
Over the past few weeks, sentiment toward Tesla has shifted among investors. Wall Street analysts who had previously praised Musk have raised concerns about his leadership, while other financial experts have called for him to resign.
Now it seems Tesla’s road to recovery may be even more difficult than expected.
https://www.msn.com/en-us/money/topstocks/new-data-suggests-that-things-are-about-to-get-worse-for-tesla/ar-AA1C4xIL
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