Tesla's stock is the worst performer in the S&P 500, down 32% since January due to safety issues, slowing growth, and forced price cuts.
Tesla's stock has become the worst performer in the S&P 500 index, down 32% since the start of January. The electric vehicle maker has faced safety issues, slowing growth, and forced price cuts, according to reports. Wells Fargo analyst Colin Langan predicts Tesla's growth will remain flat this year and decline in 2025 due to increased competition, delivery disappointments, and price cuts.
March 14, 2024
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