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Tesla shares plunge 12% to start 2023 on weak demand worries

Por: New York Post Tech January 04, 2023

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Tesla’s ongoing stock freefall stretched into the new year, with shares plunging an additional 12% on Tuesday after the electric car company failed to hit Elon Musk’s delivery targets amid sputtering demand. Tesla was the worst-performing stock on the S&P 500 on Tuesday and lost nearly $60 billion in market value during the plunge. The stock closed at $108.10, down $15.08. Even before the woeful performance to start the year, the company’s... + full article



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