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benzinga.com
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Tesla Stock Plunges Over 6% In Pre-Market Trading: What's Going On? - Tesla (NASDAQ:TSLA)

1. TSLA stock fell 6.32% amid weaker Q1 delivery forecasts. 2. Analysts predict deliveries could fall below 400,000 this quarter. 3. Musk's political affiliations spark global protests against the company. 4. Despite stock decline, Musk endorses long-term investment potential. 5. Tesla shows strong growth and momentum rankings despite challenges.

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FAQ

Why Bearish?

The projected decline in vehicle deliveries and ongoing protests negatively affect investor sentiment, reminiscent of past declines when Tesla's delivery numbers fell below expectations.

How important is it?

The decline in anticipated vehicle deliveries and the protests are significant for TSLA's stock performance, likely influencing investor decisions.

Why Short Term?

The immediate concerns regarding Q1 performance and protests suggest a lasting short-term impact, similar to past quarterly results causing stock fluctuations.

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