4min chapter

Front Burner cover image

Tesla’s stock is tanking. Here’s why

Front Burner

CHAPTER

Tesla's Stock Crash in December

The Tesla stock price has always been really overvalued. weakening demand in China specifically as a lot of local competitors catch up. There's a real perception out there now that Musk's attention is simply not on his car company, which is the primary source of his wealth. The end result last year is that we saw a 69% decrease in Tesla stock year over year and a loss of about $700 billion. And he's the first human being to ever personally lose $200 billion.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode