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Musk is not afraid of the big drop! Tesla has risen for five consecutive trading days, with a cumulative market value increase of over 1 trillion yuan.
Quick Technology 2025-03-26 10:53:17

According to Kuai Technology on March 26, US stocks closed with slight gains yesterday, with the Nasdaq rising by 0.46%, the S&P 500 gaining 0.16%, and the Dow Jones increasing by 0.01%.

Most large technology stocks rose.Tesla is trading at $288.14, up 3.5%, with a latest market cap of $926.8 billion.

It is worth noting that Tesla has seen five consecutive days of gains, with its market capitalization increasing by a total of $202.1 billion (approximately 1,466.8 billion RMB).

Tesla's stock price has been rising consecutively, which may indicate that it has passed through the current low period, and Elon Musk has regained recognition from the capital market.

And Tesla's stock price has been experiencing a significant decline over the past three months.At the beginning of March, the stock price had dropped more than 40% from its peak at the end of 2024, approaching a halving.

As for the reasons behind the stock decline, they are closely related to Tesla CEO Elon Musk himself. The "Government Efficiency Department" led by Musk has implemented a series of policies, including layoffs and cuts to government spending, which have sparked strong dissatisfaction among the public.

This has also led to protest demonstrations against Musk in many places across the United States.Protesters gathered at Tesla stores, discouraging people from buying Tesla cars, vandalizing Tesla vehicles, and urging people to sell their Tesla stocks.

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