Home » Business » Share Tesla continues to plummet: Musk’s company is not the Apple of the automotive industry after all

Share Tesla continues to plummet: Musk’s company is not the Apple of the automotive industry after all

Without a doubt, Tesla is the most spectacular loser of the 2022 stock market year. In one year, the share has become almost 70% cheaper. It is trading at around $116 today, up from $407 in November 2021.

CEO Elon Musk’s antics with his rash takeover of Twitter have undoubtedly done the stock no good. But without that acquisition, the stock could have crashed as well. Because 2022 was…

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