Despite what Elon Musk may want investors to think it is clear that Tesla is heading down a dark path. While the firm has crafted electric vehicles that are better than their competitors there are some obstacles that will ultimately doom Tesla
Tesla shares suffered their steepest drop of the year after the electric car maker reported a wider-than-expected loss and disappointing revenue and announced the departure of co-founder and Chief Technology Officer JB Straubel from the executive ranks.
The stock plunged 13.6% to $228.82 at the close. Thatâ€™s the biggest decline since the shares fell 13.9% on Sept. 28, 2018. At times on Thursday, the stock was down more than 14%, which wouldâ€™ve been the steepest drop since 2013. Outline various factors you presume to be the main factors that will cause Teslaâ€™s decline in the future if there are any.
Arthur â€¢ Now
NB: We do not resell papers. Upon ordering, we do an original paper exclusively for you.