🚨 Why did Tesla's stock crash? The truth behind the sudden fall!
Article:
Tesla's stock has seen a sharp decline recently, raising concerns among investors and followers. This crash is attributed to several intertwined reasons, the most notable of which are:
1. Global sales decline: The demand for electric vehicles has dropped, especially in China and Europe, due to fierce competition from local companies like the Chinese "BYD", negatively impacting Tesla's profits.
2. Rising costs and price cuts: Tesla has resorted to cutting the prices of its cars several times to attract buyers, putting pressure on profit margins.
3. Investor concerns about the future of artificial intelligence and robotics: Despite Elon Musk's promises of a future filled with “Optimus” robots, some believe the company is wasting its resources on long-term projects without tangible results.
4. Impact of Musk's statements: Elon Musk often makes controversial statements, some of which are viewed as sources of instability or distractions from the company's core objectives.
📉 All these factors led to a decline in investor confidence, resulting in a significant crash of Tesla's stock over a few months.