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Tesla Loses Post-Election Gains, Market Value Drops by $700 Billion
2025-03-08 /
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Author：小编
Shares of Tesla Inc. declined sharply on Friday, erasing all gains accumulated since the US election day. Post the election on November 5, 2024, markets anticipated that Tesla would reap benefits from the close ties between CEO Elon Musk and the US President, propelling its stock price upwards. Nonetheless, this optimism was unable to counteract mounting market anxieties regarding Tesla's core automotive sales, leading to significant share price fluctuations.
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