Another day, another dramatic change in the fate of Elon Musk. Tesla and SpaceX CEO saw Drop drop of $ 29 billion in a single day Tesla’s stock was followed by a big hit. But if you think he is nervous, think again – Musk’s response? “It will be fine.”
Come on what happened, why it happened, why Tesla’s stock is crashing, and what does it mean to move forward of Kasturi.
How did Musk lose $ 29 billion overnight?
Tesla’s stock Fall to 15% on MondayMarking its largest single-day drop since 2020. This noziv erased $ 29 billion with the fate of MuskBring her net worth down $ 301 billion—What is making him the richest person on the planet, but with a little light wallet (NDTV).
The cell-off was not limited to Tesla just. complete Stock market took a hitwith Nasdaq 100 4% Leaves And this S&P 500 falling from 3% On the same day (Business Insider).
Why is Tesla struggling?
Tesla Heavy stock drop Part of a major tendency of investors Pull out of technical shares Amid increasing uncertainty in the market. But this is not the only reason – only some major factors playing in Tesla’s struggles are:
- Market instability: Investors are shifting towards safe investment in the form of tech shares.
- Political backlash: Mask Recent struggle with government officials And on its vocal stance Reduce government spending He has been targeted for criticism.
- Consumer boycott and barbarity: Tesla has faced Tells for barbarity and boycottWith some speculation that it is associated with the increasing participation of Musk in political debate (Business Insider).
Musk’s response? Pure confidence
Despite losing More money in a day can be in a thousand lifetime than most people.Musk is not sweating. Their reaction to stock dipped?
“It will be fine.”
While others can panic, musk remains steadyTo focus on big picture. He admitted that balance Tesla, SpaceX, and his government related efforts Not easy to accept that it is All this manage with ‘great difficulty’ (Ndtv).
What’s next for Tesla and Musk?
Tesla’s stock has seen Before wild ups and downsAnd Musk has always managed to turn things. Investors must be looking closely to see if it is just another temporary dip or a sign of deep trouble.
one thing is for sure-Alon Musk is not going anywhereAnd if history tells us anything, Tesla’s stock may bounce back quickly with expectation.
final thoughts
Garland $ 29 billion in a day Anyone is enough to break a sweat – leaving Elon Musk. While Tesla has a stock face UncertaintyKasturi is convinced that everything will work. Whether it means a major rebound or further disturbance, one thing is certain: The Tesla rollercaster ride is not over.
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