Investing in Tesla Stock: What the Future Holds
Tuesday, 12 March 2024, 12:44
Overview
In a disappointing beginning to the year, Tesla's (TSLA) stock has seen a decline of -28.44% in value since January 1, and its market capitalization has decreased by over $200 billion.
Market Position
- Tesla's market position has dropped from the top 10 to the 14th position.
Technical Analysis
- Technical indicators suggest a bearish path for Tesla stock in the upcoming days.
- Analysts are not optimistic, with lowered price targets and 'Sell' ratings from major firms.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.