why did tesla stock drop in march

102 rows Discover historical prices for TSLA stock on Yahoo Finance. But that celebration.


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The stock fell 48 by the time the market closed.

. At first the news was celebrated. Teslas share price has closed below its 200-DMA six other times since early 2019 the last instance. The stock closed at a record just above 883 on January 26 and has tumbled since.

View daily weekly or monthly format back to when Tesla Inc. When you look at the details Teslas sales didnt drop by 27 month-to-month. At its worst point during the trading day the stock was down 63.

Shares of Tesla NASDAQ. TSLA took a hit on Friday. Shares of Tesla NASDAQ.

However by the time the market closed shares were down 44. TSLA were hit hard on Wednesday. The stock closed down 31 at 57169 below the stocks 200-day moving average of 58256.

Wiped roughly 126 billion off its valuation Tuesday as the stock fell 12 on investors concern that Elon Musk may sell shares to. Shares of Tesla TSLA fell 6 Tuesday after closing down 85 Monday wiping out its gains for the year. The electric-vehicle pioneer Tesla sold only 3635 Model 3 sedans built in China during April according to media reports.

The stock is likely down primarily because of a decline in the overall. Teslas deliveries in China dropped from 35478 cars. Its a huge drop from the.

But in less than three weeks shares have shot. On March 14 shares of the company closed at 76637 down 36 from the high for the year which was hit on January 3 the first trading day of 2022. Early in February Elon Musk announced that Tesla would shift nearly 8 of its cash reserves 15 billion to buy Bitcoin CCC.


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