Tesla Stock Forum
Whenever people think about EVs, the first name that comes to mind is Tesla. Its savvy CEO, innovative technology, and influencers’ endorsement are among the few factors that made it the giant it is today.
Currently, Tesla (NASDAQ: TSLA) is the highest-valued automaker in the world, and Tesla’s stock dollar value is higher than some of the oldest car companies. This is very impressive given that the company was founded in 2003. In contrast, some famous automakers were established in the early 1900s.
It’s certainly a booming stock, and that’s one of the reasons why many investors are interested in it. This in-depth guide will examine everything you need about Tesla and Tesla stock (NASDAQ: TSLA), its competitors, and more.
😊Tesla Stock Forum #
Tesla’s stock used to be one of the pandemic’s darling. There has already been a brutal downswing as the stock fell 65% in 2022. However, I strongly believe it is heading into a further reckoning in 2023 – not due to Elon Musk’s involvement with Twitter but because of the coming global recession and growing competition in the market for electric vehicles that will undoubtedly challenge its position. In a worst case scenario, Tesla shares could see all of their gains in the market’s irrational exuberance vanish. Pandemic darlings are darlings no more!