Abstract

Tesla, a multinational automotive and clean energy company, is one of the world's most valuable companies with its CEO Elon Musk. However, in 2022, its stock price decreased by 65% although its sales and revenue went on very well. As a result, this paper tends to find out what led to this dramatic decline through literature reviews and the authors additional analysis. This paper would solve this puzzle from the following four aspects: Musks acquisition of Twitter, a less promising NEVs market, threatening changes in Teslas biggest market (China), and the increase in the interest rate in the U.S.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call