EV maker Tesla's latest numbers for Sweden, Denmark, and the Netherlands are down over 60% in March, but TSLA stock is doing fine.
Instead, Tesla stock tumbled more than 50% from its record high in early March, something that has happened only three times before. Shares have since rebounded slightly but remain 45% below their high. Fortunately, history says Tesla will eventually recoup its losses.
Tesla sales tumbled by 42% in Europe in January and February despite overall EV sales on the continent rising almost 30%.
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Investor's Business Daily on MSNDow Jones Futures Fall With Trump Tariffs, Tesla Deliveries On DeckDow Jones futures fell slightly overnight, along with S&P 500 futures and Nasdaq futures. A new wave of Trump tariffs is on tap, along with deliveries from Tesla.The stock market closed mixed but generally higher Tuesday ahead of the new Trump tariffs.
Tesla's stock saw a spike when Musk held an all-hands meeting with Tesla employees and told them not to sell any Tesla shares.
Tesla’s stock closed higher Tuesday for the fifth straight day, a remarkable and sustained rally that has recaptured a quarter of the value it lost in the last three months. It may not last.
U.S. stocks swerved through another shaky day of trading, with uncertainty still high about just what President Donald Trump will announce about tariffs on his “Liberation Day.”