Tesla just wrapped up its second-worst month ever
Published On Feb 28, 2025, 4:08 PM
Tesla experienced a significant drop in stock price, nearly 30% in February, marking its second-worst month in history. Despite a slight rise at the end of February, the overall trend shows a loss of nearly 40% from its mid-December high. Key factors impacting Tesla include declining registrations in Europe despite a growing overall EV market and controversies surrounding CEO Elon Musk's political activities, which have negatively affected his image and possibly consumer perception. Looking ahead, Tesla hopes to regain investor confidence with upcoming product launches and quarterly delivery reports.
Stock Forecasts
TSLA
Negative
Given the significant price drop and negative sentiments surrounding Tesla's recent sales performance and Musk's controversies, the outlook remains bearish. The upcoming delivery report may provide some stability if it surpasses expectations, but a reliance on future product launches may not be enough to offset the current investor fears.
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