Tesla’s stock has hit a new low, with a record ninth consecutive weekly loss wiping out the ‘Trump bump’ that had previously boosted its value. The company’s struggles have sparked consumer and shareholder protests.
New data from car-shopping guide Edmunds reveals a surge in Tesla trade-ins for new vehicles purchased in March, just months after interest in buying new Tesla electric cars fell to its lowest point since October 2022.
Source: https://www.marketwatch.com/story/teslas-stock-is-having-its-worst-stretch-ever-and-the-bad-news-keeps-coming-742b5286