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Elon Musk Podcast

Tesla Stock down 20%

7 min • 1 november 2023

Today, we're diving into the recent challenges Tesla has faced in the stock market, which has raised questions about the stability of the electric vehicle sector as a whole. In less than two weeks, Tesla shares have plummeted nearly 20%, and this drop has had a ripple effect, casting doubt on the future of the entire electric vehicle (EV) industry. There’s been a chain reaction of concerning statements from auto manufacturers, Wall Street analysts, and key suppliers like Panasonic and ON Semiconductor.

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