"Can Tesla Bounce Back from Stock Plunge?"

1 min read
Source: ABC News
"Can Tesla Bounce Back from Stock Plunge?"
Photo: ABC News
TL;DR Summary

Tesla's stock has dropped over 25% this year due to shrinking car sales, setbacks in autonomous driving, and increased competition, resulting in a $200 billion loss in market value. Analysts are divided on the company's recovery prospects, with critics citing slowed demand and competition, while proponents highlight potential innovation and new EV models. Tesla's recent decline in car sales and challenges with autonomous driving have further fueled uncertainty about its future, with differing opinions on whether the company can bounce back.

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