Tesla Stock Price Slumps As the EV Maker Cuts Prices in US and Europe
Investors are driving down Tesla's stock after news of the latest price cuts, but the reductions may end up being the right move, Wedbush said.
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Investors are driving down Tesla's stock after news of the latest price cuts, but the reductions may end up being the right move, Wedbush said.
Individual investors buying Tesla stock are "definitely feeling the pinch" of the steep slide in the share price, said Vanda Research.
"We're playing offensive, not defensive," Volkswagen's Pablo Di Si told Insider in the latest installment of The Equity Talk.
Tesla stock has been "way oversold" but now's the time for Musk to outline a path for growth as the company faces more competition, said Ives.
Meta, Tesla, and PayPal are among the 10 worst performers on the S&P 500 in what's been a bruising 2022 for the US stock market.