Global Investing
FT: Tesla stock is falling because Elon Musk’s stock is falling
The company is valued more as a moonshot rather than a carmaker.
Key topics
- Tesla's valuation surged post-election but has since plunged by 54%.
- Musk's ambitious projects drive Tesla's worth beyond just car sales.
- Investor confidence in Musk's vision is shifting amid market skepticism.
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