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TSLA
Business Insider
12 days

Tesla sales are slumping in the US, too

1. Tesla US registrations fell 11% in January despite rivals' growth. 2. Sales in Europe and China also experienced significant declines. 3. Musk's controversial actions spark protests and hurt Tesla's image. 4. Protests against Tesla have led to vandalism and public backlash. 5. Tesla's stock has dropped over 50% since mid-December.

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FAQ

Why Very Bearish?

The significant decline in registrations and slumping sales globally is alarming. Historical trends show sales declines often result in substantial stock price drops, similar to previous downturns following negative market sentiment.

How important is it?

The article highlights critical sales challenges and negative sentiments affecting TSLA's market. Given the substantial sales drop and the influence of CEO actions, this development is likely to leading to immediate investor reactions.

Why Short Term?

The immediate backlash and sales trends suggest short-term price instability. In the past, rapid changes in consumer sentiment have led to swift stock reactions.

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