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Daily Market Analysis By FXOpen
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[QUOTE="FXOpen Trader, post: 339274, member: 104606"] [B][SIZE=5]TSLA Stock Price Falls Over 9% in Just 2 Days[/SIZE][/B] [img]https://i.imgur.com/uXm3Bp5.jpeg[/img] The day before yesterday, trading in TSLA shares began at an opening price of USD 199.34; trading yesterday closed at a price of USD 180.51. The fall in TSLA shares led Musk to lose the title of the world's richest man to Jeff Bezos. The main driver of the decline in the price of TSLA shares was news: → about the temporary shutdown of the Giga Berlin plant in Germany after an arson set by a group claiming that the company led by Elon Musk is devouring “land, resources, people”; → that deliveries of electric cars from the Shanghai plant have dropped to their lowest level in more than a year — which may indicate fierce competition with Chinese manufacturers. It also became known that Morgan Stanley analyst Adam Jonas is lowering his target price from USD 345 to USD 320 and predicting a decline in sales for FY24. [img]https://i.imgur.com/OzCRpkr.png[/img] [B][URL="https://fxopen.com/blog/en/oa-tsla-stock-price-falls-over-9-in-just-2-days/?utm_source=tptforum&utm_medium=analysis&utm_campaign=resolve"]VIEW FULL ANALYSIS VISIT - FXOpen Blog...[/URL][/B] [I][B]Disclaimer:[/B] This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice. [/I] [/QUOTE]
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