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Posted by
Two Blokes Apr 23 -
Filed in
Stock
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5 views
Tesla, Inc.'s stock has experienced a significant decline, dropping 57% from its peak due to market selloff and operational challenges. Despite a poor quarter, Tesla remains fundamentally strong with a solid support level, improving technical indicators, and positive long-term catalysts like FSD and robotaxi developments. Tesla's financials show resilience with a GAAP net income of $409 million and $664 million in free cash flow, despite lower automotive revenues.
