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.
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.
【Copyright and Disclaimer】The above information is collected and organized by PlastMatch. The copyright belongs to the original author. This article is reprinted for the purpose of providing more information, and it does not imply that PlastMatch endorses the views expressed in the article or guarantees its accuracy. If there are any errors in the source attribution or if your legitimate rights have been infringed, please contact us, and we will promptly correct or remove the content. If other media, websites, or individuals use the aforementioned content, they must clearly indicate the original source and origin of the work and assume legal responsibility on their own.
Most Popular
-
South Korea Extends Anti-Dumping Duties on Chinese Polypropylene Films for 5 Years with a Maximum Rate of 25.04%
-
Tariffs, Warm Weather Weigh on US Output
-
TCL Electronics Achieves a "Strong Start" in 2025 with Dual Growth in Global TV Shipments and Revenue in First Quarter
-
Medical Device Giants Maintain Strong M&A Enthusiasm: Key Sectors to Watch
-
ABB Completes Acquisition of Siemens' Switch Socket Business in China