I was wrong about the Tesla stock price!
If someone had invested £10,000 in Tesla (NASDAQ:TSLA) stock in the middle of December, it would now (7 April) be worth £4,650. That’s a loss of just over 53%.
By contrast, even after the recent pullback, the same amount invested last April would have increased by 64%.
And that was the point I was trying to make when I last wrote about the electric vehicle (EV) company. I argued that the Tesla stock price has, over the past five years or so, ebbed and flowed. And even though the post-Trump bubble couldn’t be justified, I said there was no need to panic when the company’s shares started to fall. I thought it was time to get a sense of perspective.
And now…
However, this belief was challenged by two…
