Tesla Crashes Below $1 Trillion as Sales Fears Mount
Tesla shares have plummeted to their lowest level since November 8, 2024, sparking concerns among bulls about a potential weak first quarter for the electric-car company. The decline is attributed to reduced sales trends and deliveries that may fall short of current consensus estimates. As Tesla's value drops below $1 trillion, Wall Street may finally be acknowledging the likelihood of a weaker Q1 report.
- This sharp decline in Tesla's valuation highlights the increasing disconnect between its stock price and fundamental performance, potentially signaling a shift in market sentiment towards more prudent expectations.
- Will Elon Musk's personal fortune continue to suffer as investors reassess his leadership and the company's long-term prospects?