Elon Musk doesn’t have time to fully dedicate himself to Tesla right now.
PTesla’s electric car share is accelerating in recent days, the company created by Elon Musk’s vision has lost half its value because of it. For comparison: the American S&P 500 index, which includes Tesla, depreciates by less than a quarter of a percentage point over the same period. The mood in the market suggests that the decline could be profound.
Shares of the electric car maker on Monday alone they fell by 6.8% to $168 a piece, which is the lowest value since November 2020. There are several reasons. The decline in investor optimism, which caused a slight anti-pandemic measure in the No. Is the case with the covid-19, there is a growing threat that Beijing will resort to drastic measures again.
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