Home > Tesla Tumbles To Its Lowest Level Since January 2017

Tesla Tumbles To Its Lowest Level Since January 2017


The bad news for Tesla shareholders keeps getting worse. Heavy selling on Monday morning pushed shares down 4.44% to $229 apiece, their lowest level since January 2017. The stock is on track for a fifth straight day of losses. A look at the chart shows the technical picture for Tesla isn't a pretty one. Shares of the electric-car maker fell through key support at the $250 level late last month and have been unable to recover.

Added on the 13/05/2019 10:33:46 - Copyright : Wochit

To customise your video :

Or Create an account

More videos on the subject

  • Ending Tough Week, Tesla Shares Sink to Lowest Level In Two Years

    According to Reuters, Tesla's stock slumped over 5% on Friday to its lowest price in two years, rounding out a rough week that included worse-than-expected quarterly results. With investors betting Tesla will soon raise capital, the stock has fallen 14.1% for the week to its lowest level since January 2017. If Tesla closes at its current price of $234.90, its drop for the week will be its worst since June 2016. According to Reports, Tesla’s stock has now fallen 29 percent in 2019.

    27/04/2019 - Wochit
  • Tesla Closed At Lowest Level In Two Years Thursday

    Business Insider reports Tesla reported a larger first-quarter loss than expected, and stocks closed at their lowest closing price in 2 years. Tesla stock fell 4.3% to its lowest closing price since March of 2017, closing at $247.63 a share on Thursday. Tesla was down 25% so far this year, including Thursday's drop. Matt Maley, an equity strategist at the firm Miller Tabak, wrote in a note to clients Thursday, "We're a little surprised that this is not getting more attention today... because this is a well-known support level around the street."

    25/04/2019 - Wochit
  • China birth rate hits lowest level since 1949

    China's birth rate dropped last year to its lowest level since the Communist country was founded in 1949, adding to concerns that an ageing society and shrinking workforce will pile pressure on a slowing economy. of Chinese babiesN°1NT69E

    17/01/2020 - AFP EN
  • IMF downgrades global growth outlook to lowest level since financial crisis

    The world economy is set to grow at its slowest pace this year since the 2008 financial crisis - that's according to the International Monetary Fund. The IMF's latest World Economic Outlook predicts global growth of just 3 percent, down 0.2 percent from the previous forecast in July. The IMF also expects Iran's economy to shrink by almost 10 percent because of US sanctions. Plus, Google announces a host of new products, including a Pixel 4 smartphone equipped with motion detection and facial recognition features. 

    16/10/2019 - France 24 EN
  • Tips For Having A Good Job Interview

    Nervous for an upcoming job interview? Business Insider recently listed a few psychological tricks that will help ease you through the nerves. They say if you have the ability to schedule your interview, the best time to do so is 10:30am on a Tuesday. Studies show this is the time of the week and day when your interviewer will be most relaxed. They also say it's important to read the room. Definitely take the time to think and tailor your answer to your interviewers age. They also say holding your palms open or in a steeple position will make you more inviting.

    14/11/2018 - Wochit

More videosBusiness

Watch video of Shares Of Blue Apron Dipped To An All-time Low. The Meal-kit Subscription Dropped To $1.81 Per Share On Tuesday. The Company Has Faced Increasing Pressures From Competition, Like HelloFresh. Big Companies Like Walmart And Amazon Entering Its Space. In March, Walmart Announced It Was Launching Its Own Line Of Meal Kits. The Company Has Struggled To Attract New Customers And Retain Old Ones Since Going Public Last June. - Blue Apron Shares Drop To A New Low - Label : Wochit -

Blue Apron Shares Drop To A New Low

03/04/2018 21:21:24