Tesla stock starts 2023 as the S&P 500’s biggest decliner

Shares of Tesla Inc.

tumbled 10.3% in morning trading Tuesday, to start the year as the S&P 500’s SPX biggest decliner, in the wake of the electric vehicle maker’s disappointing deliveries data. The selloff retraces 90.0% of the $14.08, or 12.9% bounce the stock enjoyed over the past three days, after closing last Tuesday at the lowest price since Aug. 13, 2020. Tesla’s deliveries miss comes despite China-based rivals Nio Inc. NIO and Li Auto Inc.

tumbled 10.3% in morning trading Tuesday, to start the year as the S&P 500’s SPX biggest decliner, in the wake of the electric vehicle maker’s disappointing deliveries data. The selloff retraces 90.0% of the $14.08, or 12.9% bounce the stock enjoyed over the past three days, after closing last Tuesday at the lowest price since Aug. 13, 2020. Tesla’s deliveries miss comes despite China-based rivals Nio Inc. NIO and Li Auto Inc.

No chance it ends 2023 that way. Investor day in March will be huge. Never bet against elonmusk

Lovely. Gimme more shares plz

Coin Coin Latest News, Coin Coin Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Indian shares start 2023 marginally higher on metals boostIndian shares opened marginally higher on Monday, the first trading session of 2023, helped by an uptick in metals.
Source: Reuters - 🏆 2. / 97 Read more »

European shares start 2023 on upbeat note on encouraging factory dataEuropean shares rose in the first trading session of 2023 on Monday as euro zone manufacturing data suggested the worst had passed after a year marred by fears of a recession as central banks hiked rates globally. No because US is closed😎
Source: Reuters - 🏆 2. / 97 Read more »