FILE - The Tesla logo is seen at the company's store in Denver's Cherry Creek Mall on Feb. 9, 2019. Shares of Tesla tumbled Tuesday, Jan. 3, 2023, on the first full day of trading since the company announced 2022 delivery numbers that fell short of targets.
FILE - The Tesla logo is seen at the company's store in Denver's Cherry Creek Mall on Feb. 9, 2019. Shares of Tesla tumbled Tuesday, Jan. 3, 2023, on the first full day of trading since the company announced 2022 delivery numbers that fell short of targets. DETROIT — The electric vehicle and solar panel maker’s stock closed at $108.10, and it’s down just under 70% since the start of last year. The stock hit its lowest point since August of 2020, and Tesla’s market value, according to FactSet, slid to $341 billion, down from over $1 trillion as recently as April., but the number fell short of CEO Elon Musk’s pledge to grow deliveries by 50% nearly every year.
The 2022 figure topped the prior record of 936,000 vehicles delivered in 2021, but it was shy of the 1.4 million needed to reach the company’s 50% growth target. Sales grew 40% year over year, while production climbed 47% to 1.37 million.on the Models Y and 3, the company’s top-selling models. Analysts said that Tesla also offered discounts in China, leading some to question whether demand for the company’s vehicles is softening.Tesla Inc.
Naturally in such a market there will be competition. And I read somewhere that the state of Michigan is going for the win in “green vehicles”.
was just nude earlier
What percentage did the demand go up ?
Lol AssociatedPropganda () forgot to mention Tesla built over 1.3 million cars in 2022, a 40% increase.
woot, Woot, WOOT way to go Tesla elonmusk
Don't worry, popularity dips and spikes are normal, I'm sure this year will produce gains 🙏🏻🤞🏻
couldn’t happen to a nicer guy. Free charlieroast and routinecomic
Look forward to buying at $50
Elon said just yesterday not to worry about climate change. No need for one of his cars then. 🤷🏻♂️
🙄
You hate to see it...
Tesla also has too many safety issues, in addition to it’s high price
AdamParkhomenko is this Irony?
If the company is maintaining or exceeding previous production and sales, can someone explain why the company continue its decline in the stock market?
Tunnels anyone?
🤔....The tesla driving off a cliff have any connections to this news..?
And their market cap is still equal to that of Toyota, GM and Ford combined.
Great Jews!
musk left his weird nerd groupies as bag holders. I LOVE IT!