With Tesla shares now down ~51 percent from their all-time high closing price of $479.86, reached on December 17, 2024, investors and analysts alike have been ferociously pondering over the question: what price level will mark Tesla's nadir? Now, according to one Tesla expert, the stock hit rock bottom last week. I continue to believe $TSLA bottomed last week. The reduction in TSLA 1Q and FY’25 deliv ests is likely now discounted. Most investors realize that the absence of new refreshed Model Ys was the major reason for the 1Q delivery estimate decline rather than Elon’s politics and… pic.twitter.com/7x2R8ZFCOi — […]
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