Tesla’s Turbulent Times: Unveiling the Storm Brewing Within
As reported by CNN, Tesla’s future remains uncertain as it continues to be the worst-performing stock on the S&P 500, down nearly 32% since January and facing challenges like stagnant growth, increased competition, and declining resale values. Analysts predict further struggles for the company, with Elon Musk’s controversial actions and the company’s self-inflicted problems adding to the perfect storm of difficulties. Despite efforts to reduce prices and combat slowing demand, Tesla’s stock is still considered overvalued, raising concerns about its long-term prospects.