Tesla Inc. is on track for its worst annual stock performance on record fur investors in Elon Musk‘S Twitter Inc. ownership, as well as falling demand for electric vehicles by the auto company and a decline in the broader market over a period of time. higher interest rate environment.
Tesla’s stock slide marks a dramatic reversal for the world The most valuable car company. The electric vehicle maker was one of the auto industry’s biggest winners in the early 2020s, a period hit by chip shortages, global supply chains and related shutdowns. Covid-19.
