Post by Global News on
Tesla Declines 200 Billion Dollars in One Month Short sellers targeting Tesla have reaped considerable profits, making it the most lucrative U.S. short trade this year, according to data and analytics firm Ortex. "The problem for Tesla is any significant attempt to boost sales from here on will probably need to be achieved at the cost of further falls in operating margin, due to having to compete with BYD in China, as well as increased competition elsewhere," Michael Hewson, chief market analyst at CMC Markets told Reuters. Article Source: https://www.indiatoday.in/business/story/tesla-market-value-elon-musk-remarks-slow-growth-market-value-loss-ev-sector-news-2493852-2024-01-26 Photo by BoliviaInteligente on Unsplash Legal Disclaimer: INFYNIT is providing the content here for educational purposes only. All opinions are of the original author and not an opinion of INFYNIT or any of its affiliates. #globalnews #Tesla #ElonMusk #cars #evcars
