Tesla, one of the largest companies in the world. famous business person Elon MuskThe company, in which he is the CEO, has increased its recognition with the steps it has taken in recent years, and has also increased its market value considerably. However, according to recent developments TeslaThings haven’t been going well in the last few days.
So much so that the company experienced negative situations. In addition, when sales in the market decreased, it suffered a serious loss in market value. So what is the source of this decline? At work Tesla market value and all details…
Why did Tesla market value drop?
TeslaMarket value of on February 28 $643.46 billionwas. However, as of today (6 March) 566 billion We see that it has fallen to the dollar. This, $77 billionIt means there is a loss. The company’s share price fell more than 7 percent on Monday and nearly 4 percent on Tuesday. 180 dollarsIt decreased to . So why?
TeslaThere are two important reasons for the decline of . The first of these is a fire as a result of arson in the company’s large factory in Berlin, Germany. After this fire, the factory was seriously damaged and production became impossible. With this incident, trust in the company fell.
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The second reason is Tesla‘s sales in China decreased by 19 percent compared to February last year. Accordingly, the company made 60 thousand 365 sales. The reason for the decrease is that rival companies made price updates during China’s Lunar New Year and Tesla‘s falling behind in this competition. BYDstood out by offering cheaper models.
TeslaWe will see in the coming days whether the market value of will continue to decline or will it enter an upward trend again.
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