Tesla share price

Tesla stock tumbles to start 2023 as the EV maker's vehicle deliveries miss forecasts · Tesla stock fell as much as 7% in its first day of trading in 2023. · The ...

"The Twitter nightmare continues as Musk uses Tesla as his own ATM machine to keep funding the red ink at Twitter which gets worse by the day as more advertisers flee the platform with controversy increasing driven by Musk," Wedbush analyst Dan Ives wrote in a recent note. The S&P 500 saw a nearly 20% decline and global markets were pummled over the last 12 months. It made 1.31 million deliveries, below its goal of about 1.4 million, the company said.

Newly completed Tesla Model Y electric cars stand at the new Tesla Gigafactory electric car manufacturing. Enlarge / Tesla opened a factory outside Berlin, ...

Again, the Models 3 and Y made up the lion's share: Tesla built 1,298,434 of these EVs and delivered 1,247,146 in 2022. That brings the automaker to a total of 1,369,611 EVs built and 1,313,851 EVs delivered in 2022. It was another record quarter for the American automaker, which built 439,701 electric vehicles and delivered 405,278.

At least four brokerages cut their price targets and earnings estimates, looking for more downside after the stock suffered its biggest annual loss since ...

[Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). [Shares](/definition/Shares)of the electric-vehicle maker were trading at $117 before the bell, after losing 65% of their market value in 2022, their worst year on record. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) Morgan](/topic/j-p-morgan)said in a note, lowering their price target by $25 to $125. [HC Stays I-T Demand on Azim Premji Trustee Co](/epaper/delhicapital/2023/jan/03/et-front/hc-stays-i-t-demand-on-azim-premji-trustee-co/articleshow/96692589.cms) [Technology Cos Take Slow Lane on Hiring Route](/epaper/delhicapital/2023/jan/03/et-front/technology-cos-take-slow-lane-on-hiring-route/articleshow/96692587.cms)

Tesla shares plunged about 13% in early trading Tuesday, as weaker than expected global sales caused the company's massive slide in its share price that ...

[(TSLA)](https://money.cnn.com/quote/quote.html?symb=TSLA&source=story_quote_link) shares in Tuesday trading was the worst day for Tesla [(TSLA)](https://money.cnn.com/quote/quote.html?symb=TSLA&source=story_quote_link) shares in more than two years. The fact that global sales were well short of the 439,000 cars it built in the period raised new concerns about weakening demand for Tesla cars in the face of numerous headwinds. “The Cinderella ride is over for Tesla.” It was the worst year ever for Tesla [(TSLA)](https://money.cnn.com/quote/quote.html?symb=TSLA&source=story_quote_link) shares, which gained 743% in 2020 and another 50% in 2021. The drop in sales came despite the company’s two price cuts in December for US buyers who completed their purchase by year end. It represented growth of only 31% from a year earlier, and was well below the median estimate of 431,000 according to analysts polled by Refinitiv.

Company has lost more than 65% in value since last year, although it is still world's most valuable automaker.

The gap between production and deliveries has widened to 34,000 vehicles as more cars got stuck in transit. As of Tuesday morning, it was the second – most traded stock on the US exchanges, with nearly 142m shares changing hands. For all of 2022, its deliveries rose by 40%, missing Musk’s 50% annual target. Tuesday’s slide knocked off nearly $60bn in market value, roughly equal to the valuation of rival Ford, which last year sold three times as many cars as Tesla. “Demand overall is starting to crack a bit for Tesla and the company will need to adjust and cut prices more especially in China, which remains the key to the growth story,” Wedbush Securities analyst Dan Ives said. The company’s stock was the worst performer on the benchmark S&P 500 index on Tuesday as it fell to $105.