Automotive

Tesla Stock And Sentiment Dip

It seems the list of electric car advocates and people annoyed at Elon’s Twitter share a lot of names.
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Tesla Stock And Sentiment Dip

Tesla has dropped its US prices by nearly $4K. The choice seems directed at getting customers to buy before the new EV Tax Credit rules go into effect. The Automaker is facing declining attitudes in the stock market and customer opinions.

People. 2022 started with a 5.9% favorability, but now showing -1.4% following Musk's contentious Twitter decisions.

Market. Some recent rumors of production cuts in its Chinese factories led to about a 10.7% dip in stock value this week.

Hummer. Yeah, even GMC is taking jabs at Tesla suddenly. An Easter Egg hidden in the dashboard of the Hummer EV shows two familiar vehicles engaged in a bit of monster truck-style crushing.

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