Why Tesla Stock Lost 13% in March
March was another tough month for Tesla (NASDAQ: TSLA) as the leading electric vehicle maker continued to face challenges related to production and demand.
There weren't any major reasons for the sell-off, but analyst sentiment on the stock seemed to sour heading into its first-quarter earnings report later this month, and the company was forced to temporarily shut down its German factory after an arson attack on the electrical grid.
According to data from S&P Global Market Intelligence, the stock fell 13% last month. As you can see from the chart below, most of its losses came in the first half of the month.
Source Fool.com
Tesla Inc Aktie
278,65 €
0,47 %
Die Community unterstützt Tesla Inc leicht, mit mehr Buy- als Sell-Einschätzungen.
Eine erhebliche Steigerung um mehr als 20% ist für Tesla Inc mit einem Kursziel von 410 € im Vergleich zum aktuellen Kurs von 278.65 € zu erwarten.
