Tech billionaire Musk
Tesla shares further under pressure
Investors are currently making a bow to the US electric car maker Tesla led by Tech billionaire Elon Musk. According to market experts, this is mainly due to the poor in sales.
In general, the Tesla shares have also come under the bikes again. The papers of Elon Musk, led by US electric car maker, recently lost almost six percent and were one of the greatest losers in the Nasdaq 100, which is dominated by technology groups. Tesla shares on the Nasdaq exchange had already come under pressure last Friday.
Investors have been separating from the Tesla papers for months. After Donald Trump’s election victory in November, the course of the Tesla share had initially doubled. Many investors expected Tesla to benefit from Musk’s closeness to Trump. Musk had put more than $ 250 million in Trump’s election campaign last year. Then he became a close confidante and plays an important role in Trump’s government plans.
This rally is again waste after the latest losses. The Tesla share is now on the level of before the US presidential election. Above all, skepticism on the market with a view to the upcoming delivery figures for the first quarter presses on the share price.
Analyst Edison Yu from Deutsche Bank wrote in an outlook on the numbers of considerable downward risks. It expects 345,000 drafted Tesla vehicles worldwide. That would be the weakest quarter since the third quarter of 2022.
The import tariffs announced by Trump could also hit Tesla, wrote Yu. Because 20 to 25 percent of the components processed in the vehicles came from Mexico. The bottom line is that the loads for the car manufacturer are manageable through the tariffs, because it refers to less components from Mexico.
dpa
Source: Stern
