Tesla Shareholder Frustration Turns Into Revolt Against Elon Musk

It’s a total stock market disaster for Tesla.

Flying drone with camera

Even for the world leader in electric vehicles, this is worrying, even alarming. 

This will not be a year to remember for the carmaker’s investors. And if they do, they will probably remember that in a few months, the value of a portfolio can completely melt away.

The company led by Elon Musk had a market capitalization of $1.13 trillion on Dec. 31, 2021. The stock ended the year at $352.26. Almost a year later, all these figures have been more than halved. 




Source link

(This article is generated through the syndicated feed sources, Financetin doesn’t own any part of this article)

Thank you for reading this post, don't forget to subscribe!

We will be happy to hear your thoughts

Leave a reply

 
financetin
Logo
%d bloggers like this: