An Investigation into the Reason for the Decrease of Tesla's Stock Price Despite Obtaining a Great Sale in 2022

Jiabei Wang

doi:10.54254/2754-1169/32/20231567

Research Article

Open access

Published on 10 November 2023

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Wang,J. (2023). An Investigation into the Reason for the Decrease of Tesla's Stock Price Despite Obtaining a Great Sale in 2022. Advances in Economics, Management and Political Sciences,32,56-61.

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An Investigation into the Reason for the Decrease of Tesla's Stock Price Despite Obtaining a Great Sale in 2022

Jiabei Wang *^,1,

¹ Chengdu Shude Middle School International Department

* Author to whom correspondence should be addressed.

https://doi.org/10.54254/2754-1169/32/20231567

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

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References

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Cite this article

Wang,J. (2023). An Investigation into the Reason for the Decrease of Tesla's Stock Price Despite Obtaining a Great Sale in 2022. Advances in Economics, Management and Political Sciences,32,56-61.

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About volume

Volume title: Proceedings of the 7th International Conference on Economic Management and Green Development

Conference website: https://www.icemgd.org/

ISBN：978-1-83558-085-1(Print) / 978-1-83558-086-8(Online)

Conference date: 6 August 2023

Editor：Canh Thien Dang

Series: Advances in Economics, Management and Political Sciences

Volume number: Vol.32

ISSN：2754-1169(Print) / 2754-1177(Online)

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