Tesla's Market Value Under Siege as Stock Hits New Lows
Tesla, Inc.'s stock price has declined significantly since its all-time high in November 2021, with the latest close at €266.40. The company's market capitalization has also decreased substantially, currently standing at over €906 billion. This decline is largely attributed to concerns about the company's financial health and growing competition in the electric vehicle (EV) market.
- As Tesla's market value continues to dwindle, investors are left wondering if the company can regain its footing without a significant overhaul of its business model or management team.
- Will Elon Musk's leadership style, which has been both praised and criticized, ultimately prove decisive in shaping Tesla's future trajectory?