Tesla’s Already Bringing Its Gloom Into 2023. Elon Musk Needs to Act Now.



Tesla


terrible start to 2023 only seems to be getting worse. The stock is already down more than 10% this year after just three full trading days and Friday looks to be another tough one.

The EV maker has cut prices in China again, presumably to boost demand, after deliveries fell to 55,800 in December from more than 100,000 in November. Tesla’s global deliveries of 405,000 vehicles in the fourth quarter was a record but missed Wall Street expectations.

Source: https://www.barrons.com/articles/things-to-know-today-51673004606?siteid=yhoof2&yptr=yahoo