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特斯拉股价波动消失?反弹后仍难逃下滑命运

tesla stock price fluctuations disappear? Likely to fall again after rebound.

Golden10 Data ·  16:15

After the Robotaxi event on October 10th, Tesla's stock price plummeted by nearly 9%. Although there was a slight recovery afterwards, the weak upward trend for three consecutive days was not sustainable, and the stock price fell again.

After the Robotaxi event on October 10th, Tesla (TSLA.O) stock price plunged by nearly 9%, but later rebounded by about 2%.

On Thursday, Tesla's stock price fell, ending the previous three days of relatively stable gains. That day, Tesla's stock price reached a high of $222.08 and closed at $220.89, down 0.2%, while the S&P 500 index remained unchanged and the Dow Jones Industrial Average rose by 0.4%.

Tesla's stock price rose by nearly 1.4% this week. Before Thursday, Tesla's stock price had risen for three consecutive days. Previously, due to the negative reaction after the Robotaxi event, the stock price had plummeted by 8.8% last Friday. Wall Street analysts generally believe that the event failed to provide sufficient details, leaving investors uncertain about whether Tesla's driver assistance software can meet the requirements of safety regulators.

The increases in the first three days of this week and the decline on Thursday were all less than 1%, which is unusual compared to the usual volatility of Tesla's stock. Since the release of the second-quarter financial report at the end of July, Tesla's stock has fluctuated by an average of about 3% daily, with half of the time seeing fluctuations of over 3%.

On Thursday, investors were also digesting news of Omead Afshar's appointment as Vice President of Sales and Manufacturing. According to The Wall Street Journal, sources revealed that Afshar has been promoted to oversee Tesla's sales and manufacturing operations.

According to his LinkedIn page, Afshar joined Tesla in 2017 as a project manager reporting to CEO Elon Musk. Tesla did not respond to requests for comment on this personnel change.

This management change has little impact on the stock price and is not surprising. Changes in Tesla's management are typically seen as noteworthy matters rather than significant events affecting the stock price.

As of Thursday's pre-trading, tesla's stock price has fallen by about 11% in 2024. The decline in electric vehicle sales has hit investor confidence. As of the end of September, tesla has sold nearly 1.3 million autos globally, a decrease of about 2% year-on-year. Sales growth accelerated in the third quarter, with deliveries reaching approximately 0.463 million, an increase of about 6% year-on-year.

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