TSLA Stock Crash Analysis (Everything You Need to Know)

About the Video

Weekly stock market analysis – US CPI (November), TSLA Stock Crash, FOMC Meeting (Interest Rate Hike) and more.

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⬇️Timestamps:
0:00 → Economic Updates
0:46 → US CPI (November)
1:48 → TSLA Stock Crash
8:30 → FOMC Meeting (Interest Rate Hike)
11:37 → Upcoming Important Dates

Tesla’s shares are trading at their cheapest ever by at least one measure as the electric-vehicle giant grapples with an array of challenges, from waning demand in China to investor concern over billionaire Chief Executive Elon Musk’s priorities. TSLA shareholders are growing increasingly wary that Musk’s takeover of Twitter Inc. is proving a liability for Tesla by limiting his involvement in the company.

According to Finviz and Bloomberg, TSLA is now trading at 29 times forward P/E. While that’s still well above the S&P 500 Index’s 17 times forward P/E, it’s the lowest since the company went public in 2010. Last week, Tesla’s market value fell below $500 billion for the first time since November 2020.

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Disclaimer: The content on this channel is for educational purposes only and merely cites my own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary.