Tesla Lost 220 Billion Dollars in Value in One Month

Tesla has been around for a while in the US stock market It is the worst performing company in the top 100 stocks list. Although some investors and financiers are hopeful about Tesla, the company’s shares have lost 30% of their value in the last month due to the slowdown in the company’s growth and decreasing profitability.

In this process, the value of the company decreased from 744 billion dollars to 521 billion dollars. So the company More than $220 billion has lost value. To give an example for comparison, this figure is more than three times the total value of Anadolu Group.

Why are Tesla shares falling lower and lower?

Tesla in 2023 from the previous year 38% more cars sold, total sales 1.8 million vehicles reached. According to Wall Street analysis, the company will sell 17% more vehicles this year. Model Y, the most preferred car in the automobile market, is also under the umbrella of Tesla. So, the decline in the company’s shares does not make much sense from this perspective.

On the other hand, the company’s profitability remains below previous periods. Recently, the company While announcing 2023 figures Expectations for this year were also shared. Tesla had asked investors to expect “noticeably lower expansion” this year. Following this announcement, company shares a 12% decrease had lived. With the announced figures already being below the expected level, Tesla shares began to experience a serious decline.

Tesla’s future is a matter of debate among investors

Some investment experts believe Tesla is the market leader and Elon Musk’s He believes that somehow the company will change its direction upward again. Some experts state that Tesla’s ability to offer competitive prices with its structural innovation power is the driving force of the company, but that it is not possible to maintain this power in the automotive market for a very long time. Do you think Tesla shares will rebound again?