Elon Musk Thinks Tesla Will Become the World's Most Valuable Company. I Predict Its Stock Will Decline by 50% (or More) Instead.
Tesla stock is down 46% below its December 2024 high, notes CNBC, a $677 billion loss in market value. Last year Tesla shipments fell as Musk's DOGE work hurts the brand.
Tesla has had a turbulent February. Marked by a significant stock decline and growing backlash to Elon Musk's political role.
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