A Stock Market Rollercoaster

Channel:
United Kingdom Tech and business
Subscribers:
1,940
Published on ● Video Link: https://www.youtube.com/watch?v=uJttmMmLlhI


Game:
Rollercoaster (1980)
Duration: 1:18
1 views
0

Tesla shares experienced a more than 12% decline, resulting in an $80 billion reduction in market value, after the electric carmaker warned of weaker sales growth in 2024 compared to 2023. The company, led by Elon Musk, cited increased competition, global economic uncertainties, and higher production costs as contributing factors to the slowdown. Tesla's annual earnings fell below Wall Street expectations, and Elon Musk expressed concerns about Chinese competitors potentially dominating the global car market unless trade barriers are implemented



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