Tesla stock has plummeted 50% from all-time high, but long-term growth potential remains

From Nasdaq: 2024-04-10 04:02:00

Tesla’s stock has plummeted over 50% from its all-time high, but long-term investors still see potential for growth. CEO Elon Musk believes the company could become the most valuable in the world. Tesla plans to expand globally into India and Southeast Asia, while scrapping plans for a sub-$25,000 vehicle in favor of robotaxis. Despite recent struggles, investors must adjust expectations and take a long-term view on Tesla’s future prospects.



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