TSLA
📉 Tesla’s stock has fallen by 50% in a couple of months, raising concerns about its future.
🚫 Political backlash against Elon Musk’s views and policies is impacting Tesla’s sales in key markets like Germany.
⚠️ Despite short-term risks, the long-term impact of these issues on Tesla remains uncertain.
@bernardodegarcia:
“Tesla was worth almost 500 a couple of months ago, and now it is worth 250, a 50% decrease. There is a growing reaction against Elon Musk’s satellite internet system, Starlink. Musk’s abrasive interventions in politics and his role in shaping US policy are having a real impact on his businesses, prompting governments from Italy to Poland to reconsider their dependence on his technology. Musk’s support for the nationalist and anti-immigration party Alternative for Germany led to a collapse in Tesla sales in Germany, where Tesla vehicles are manufactured just outside Berlin. While this presents a short-term risk and volatility, its long-term impact remains uncertain.”
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