in market value, as investors continue to swap out riskier stocks for safer options, and worry Musk's Twitter takeover could be a costly distraction.
According to latest figures, Tesla stock has plunged by 52% this year, wiping roughly $600 billion from the automaker's market cap. Meanwhile, Berkshire shares have slid just 3%, leaving the conglomerate's market cap virtually intact. The contrast in their fortunes reflects how differently investors perceive the risk of holding each of their stocks.
Moreover, tech companies' lofty valuations, lack of steady cash flows, and more speculative investments often make them more vulnerable to economic downturns.
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