Course valley trip: Tesla share falls by more than 15 percent in one day

Course valley trip: Tesla share falls by more than 15 percent in one day

Course valley trip
Tesla share falls by more than 15 percent in one day






Since the climax in December, the course of the Tesla share has more than halved. Company boss Elon Musk could also cause problems personally. Even Donald Trump now wants to buy a Tesla.

The share of the Elon Musk electric car manufacturer Tesla fell by more than 15 percent in one day and has thus lost the last price gains after the US presidential election in November. Before the accelerated price loss on Monday, another analyst had reduced the forecast for Tesla.

Musk had become a close ally of the ultimately victorious Republican Donald Trump in the US election campaign. After his triumph in the presidential election, the Tesla share went up steeply. At the climax in mid -December, it was around twice as much as on election day on November 4th. After that, a descent started, which recently became steeper.

After the fall, Trump claimed that “radical left insane” would boycott Tesla to harm Musk. He would buy a Tesla car on Tuesday as a sign of support for the “great American” Musk, the US President announced about the online platform Truth Social.

Investors looked over weaker numbers

Tesla had completed the year 2024 with the first decline in deliveries for more than a decade, although Musk had previously given a prospect. The tech billionaire attracts investors with the view of large shops with self-driving cars and humanoid robots. Although it has not been identified in both areas that Tesla can be successful, investors have so far seen the problems in the current business and evaluate the company much higher than other car manufacturers.

In mid -December, Tesla was worth more than $ 1.5 trillion with a price of around $ 480. Now the stock market value at the course of a good $ 222 fell to around $ 715 billion. For comparison: The US author gate Ford brings almost $ 40 billion to the stock exchange scale, the rival General Motors almost 48 billion.

Musk’s assets hang on the Tesla course

For Musk personally, a significant decline in the Tesla share price could also become a problem. The Tech billionaire is known to secure loans with his Tesla shares, which at least make him by far the richest person in the world. In such transactions, you often have to send collateral if the course falls under certain limit values. The Bloomberg financial service is currently still estimating Musk’s wealth at a good $ 300 billion.

Musks closeness to Trump drove stock price up

After the election, some market observers assumed that Musks could bring advantages for Tesla proximity to the US President. Trump made him a cost lower on behalf of the US government and gave him far-reaching powers. The president assured that no conflicts of interest would be allowed.

Among other things, Tesla’s assistance system Autopilot is in the sights of several investigations by the traffic safety authority NHTSA. The authority would also play a key role for admission of the self -driving robotaxis provided by Musk. He wants to do without the more expensive laser radars in the autonomously driving car and put it alone on cameras. From the point of view of many experts, laser radars are indispensable so that self-driving cars can be safe on the road. The Google sister company Waymo also uses such technology with its reliably functioning robotaxis.

dpa

Source: Stern

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts