Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 7th International Conference on Economic Management and Green Development
Series Vol. 32 , 10 November 2023
Open
Access | Article
An Investigation into the Reason for the Decrease of Tesla's Stock Price Despite Obtaining a Great Sale in 2022
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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 author’s additional analysis. This paper would solve this puzzle from the following four aspects: Musk’s acquisition of Twitter, a less promising NEVs market, threatening changes in Tesla’s biggest market (China), and the increase in the interest rate in the U.S.
Keywords
stock price, evaluation, electric cars, Tesla, Elon Musk
References
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Data Availability
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- Volume Title
- Proceedings of the 7th International Conference on Economic Management and Green Development
- ISBN (Print)
- 978-1-83558-085-1
- ISBN (Online)
- 978-1-83558-086-8
- Published Date
- 10 November 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/32/20231567
- Copyright
- 10 November 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited