A Tesla Cybertruck parks in front of the International Finance Center Seoul (IFC Seoul) in the … [+]
Tesla (NASDAQ:TSLA) is a fantastic company, and its founder, Elon Musk, is probably the most influential entrepreneur of our time. With almost a trillion dollars in market cap, even after a close to 40% recent decline in Tesla’s stock, it is hard to disagree with a simple fact: Tesla has created incredible value for its shareholders over the long term.
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What’s not to love? Here’s the thing: in a downturn, Tesla could lose – no, there is evidence, from as recent as 2022, that Tesla stock lost over 70% of its value over just a few quarters. So, could Tesla’s $290 stock slide to under $100 if a repeat of 2022 were to happen?…
