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Roela Khalaf, Ft Editor, selects his favorite stories in this weekly newsletter.
When All stocks are exhaustedSometimes it is appropriate to stop valuing what specific stocks really Down. For example: Tesla.
Since Tesla has hit all time December 17, the parts fall by 53 percent:
For the time, Tesla is the third largest faller in the world in percentage terms outside small covers:
By market capital, lost $ 795bn since December 17.
The company now is small in market market than Berkshire Hathaway, Broadcom, Eli Lilly, Saudi Aramco and Taiwan Semiconductor. A few more millions are in the walmart. Even the trading day has not been completed:
The drop owes all over a large compression, accompanied by a continuous flow below the consensus forecasts:
Elon Musk, an offer, owner 411mn Tesla shares and, which fits more than half of his stake to fund other efforts, 50.7mn options in parts. Based on the Bloomberg data, his net value falls around $ 150bn in the past three months.
Maybe there is Such something as bad publicity.
Additional Reading:
– Tesla’s departure from the truth, on a chart (FTAV)