Is Tesla facing its biggest challenge yet? Tesla shares fell 15% with the market sell-off, marking their biggest drop since 2020. The decline comes as investors worry about a possible recession, falling EV demand, and Elon Musk’s ties to Donald Trump. Protests and vandalism at Tesla dealerships have added to the concerns. At the same time, Tesla’s sales in Germany dropped 76% in February, raising doubts about its performance in Europe. In response, UBS also lowered Tesla’s price target, citing weaker demand for Model 3 and Model Y. Despite these challenges, Musk remains optimistic about Tesla’s future, focusing on innovation and improving user experience in website development to strengthen its digital presence.
https://www.financeknock.com/blog/tesla-shares-drops
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https://www.financeknock.com/blog/tesla-shares-drops
Is Tesla facing its biggest challenge yet? Tesla shares fell 15% with the market sell-off, marking their biggest drop since 2020. The decline comes as investors worry about a possible recession, falling EV demand, and Elon Musk’s ties to Donald Trump. Protests and vandalism at Tesla dealerships have added to the concerns. At the same time, Tesla’s sales in Germany dropped 76% in February, raising doubts about its performance in Europe. In response, UBS also lowered Tesla’s price target, citing weaker demand for Model 3 and Model Y. Despite these challenges, Musk remains optimistic about Tesla’s future, focusing on innovation and improving user experience in website development to strengthen its digital presence.
https://www.financeknock.com/blog/tesla-shares-drops
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