Shares of Tesla (TSLA 0.66%) are down 35% to date in 2024, and the inventory is now down over the past three years. This was as soon as one of many hottest shares for buyers, so what occurred? On this video, Travis Hoium covers the inventory’s drop and why there could also be extra ache forward.
*Inventory costs used had been end-of-day costs of March 14, 2024. The video was printed on March 15, 2024.
Travis Hoium has positions in Common Motors. The Motley Idiot has positions in and recommends BYD and Tesla. The Motley Idiot recommends Common Motors and recommends the next choices: lengthy January 2025 $25 calls on Common Motors. The Motley Idiot has a disclosure coverage. Travis Hoium is an affiliate of The Motley Idiot and could also be compensated for selling its providers. In the event you select to subscribe by means of their hyperlink they are going to earn some more money that helps their channel. Their opinions stay their very own and are unaffected by The Motley Idiot.