Shulou(Shulou.com)11/24 Report--

According to CTOnews.com news on January 1, Tesla shares and their investors have had a difficult year. At Friday's close, Tesla shares closed at $123.18 per share, with a market capitalization of $388.97 billion, meaning the company's share price fell by about 65 per cent in 2022.

Nonetheless, Elon-Musk assured investors in the electric carmaker that although Tesla was prone to short-term fluctuations, the company itself was on a solid footing. Musk responded to a post from Tesla owners in Silicon Valley, which pointed out that many awesome people have been affected by the fall in Tesla's shares in recent weeks. Musk pointed out that Tesla's fundamentals are really good.

"the long-term fundamentals are very strong. The madness of short-term markets is unpredictable," Musk wrote.

As if to emphasize his point, Musk asked people to bear his comments in mind in a later tweet, "Please keep these two sentences in mind!"

Some of the sharp falls in Tesla's share price this year came after Mr Musk decided to sell part of his stake in the electric carmaker to support its acquisition of social media platform Twitter. Musk also recently pointed out that he no longer plans to sell any Tesla shares for at least 18-24 months.

CTOnews.com noted that opinion of the electric carmaker was polarized, with some bullish analysts on Wall Street, such as Wedbush's Dan Ives, who currently rated Tesla as "outperforming" and called for a significant change in Musk's leadership style at Tesla and Twitter in the coming year to address the negative sentiment surrounding the electric carmaker.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.