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Kiplinger
Kiplinger
Business
Joey Solitro

THE TRUTH ABOUT: What does tesla stock s latest slide mean for investors - Caught on Camera

Tesla Inc. Elon Musk ARK
Impact.

Tesla (TSLA) stock has had a rough start to 2024, falling more than 35%. It's now down nearly 50% from its 52-week intraday high of $299.29 reached back in July 2023. What's causing the weakness?

The decline in Tesla's stock has been caused by multiple factors, including a top- and bottom-line miss in its fourth-quarter earnings release and very weak first-quarter delivery results. 

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