A Tragic December for Tesla Stock

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The initial trading hours of Wednesday saw a more than 3% decline in Tesla's stock.

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One of Yahoo Finance's most-visited pages is still Tesla's ticker page.

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as the brand's followers have become more agitated.

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According to data from Yahoo Finance, the price of Tesla stock has dropped by 18% so far in December and by more than 50% so far in 2022.

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The decline, which some analysts attributed to dwindling demand for the fully electric automobiles Tesla produces as a result of lowering gas prices,

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Tesla is now trading below $200 for the first time since June thanks to this.

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When Elon Musk announced that he had bought Tesla stock, the price of the company fell by over a third.

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its last move inside of its San Francisco premises after Elon Musk shut down the Twitter project.

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Elon Musk, the CEO of Tesla, reaffirmed his faith in the company, saying that, in the long run, it will be beneficial, despite the shares' continuous decline in value.

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https://ussportsweb.com/web-stories/tesla-model-x-battery/

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