When we write these lines, a Tesla action costs $ 222. The figure is already lower than that registered on November 5, 2024, the day on which the United States elections were held. And it is very close to matching the $ 213 that cost an action at the end of October, the lowest figure in the last six months.
What has happened?
15%. That is what has been left on the last day in the bag before writing this article. Is the last fall and the confirmation that the company approaches the border of 200 euros in a collapse that does not seem to find soil.
With the 222 dollars with which it was closed yesterday it is confirmed that the company has zamped all the growth registered since Donald Trump was confirmed as New President of the United States in the last elections of November 5, 2024.
40 dollars. It is the value per action that Tesla has lost during the last weekend. On Friday, having a small part of the company cost 262 dollars, a figure that was already another 22 dollars lower than that registered that same Monday, March 3 when the cost of it was estimated at $ 284.
The Tesla fall on Monday, March 10 was, yes, in tune with the rest of the New York Stock Exchange companies. Alphabet, goal, Apple, Nvidia, Microsoft … The main companies lost money but in no case registered the fall of Tesla on a day when, yes, there was The biggest drop in the bag since 2022.
Elon Musk, a value. The performance of the last weeks affects the idea that Tesla’s actions comply with what some define as Cult stock: Actions that base their performance on future promises instead of their current results. It is the explanation to understand how the company has been supported by investors despite giving losses for years and years.
That Blind cult to the figure of Elon Musk and its continuous promises on products of all kinds that They have come late (and Not too well) They tried the actions for their proximity to Donald Trump when it was learned that the latter was done with the seat in the oval office.
Disproportionate growth. “When the actions They overvalue so much upa fall of the same size is expected. “With these words, Gina Bolvin explained, president of Bolvin Wealth Management Groupto CNN Why the performance of Tesla’s actions in recent weeks is being so bad.
Readjustment. On December 17, just a month and a half After the United States electionsTesla shares reached its maximum peak with a value of $ 476. Today they are worth less than half of that price. The collapse has been sustained but except for specific rebounds, has fallen with a crash until touching the barrier of 200 dollars/action.
With Musk’s closeness to the White House, it was taken for granted Tesla gained strength. The company’s owner has supported the withdrawal of subsidies to the purchase of electric cars and that, in the short term, should favor a company in clear competitive advantage within the US market. Advances in autonomous driving were also expected and His future Robotaxi.
The raw numbers. However, the perspectives of the actions have encountered a wall: reality. Last year was the first in which Tesla failed to overcome sales to the previous year, despite try to avoid it by all possible means. And the first two months have left loud falls in all markets, From China to the United States, going through Europe.
We talk about 54% falls in Germany (the largest electric car market in Europe) and 63% in France. In Spain, where stop selling cars has an impact on more pronounced percentage sales falls, 75.50% were left in January.
And the problem is not just stop selling vehicles. Its biggest problem is that other companies demonstrate with sales that are not so far from Tesla. Beyond a matter of low sales due to a bad reputation, which Tesla has gone from a market share between electric 29% in Europe to 6% current It is a very bad news for the company.
Turn around. Tesla seems to need two shoves. The first, of course, turn your sales numbers. Their numbers should begin to improve little by little. The Tesla Model and its best selling car, has to arrive in Europe with its update and should be a commercial impact that we will still take to see in numbers, since the registrations of the same will begin in March.
Update. After months rumoredit is very likely that a good number of buyers have waited for the image soda to take it. It started selling a high price But it is now available in all its versions. It remains to what extent Tesla can trust those postponed sales.
Of course, time will also say if Tesla continues to deflate in China. In a country where the electric car is being renewed at a devilish pace, it will be necessary to see if the update of the Tesla Model and is not far behind a country that has seen how in recent days the Xiaomi Su7 ultra swept reservations and Byd already throws drones from their cars.
And the Robotaxi. We must also remain very attentive to the future of the autonomous driving of Tesla. The robotaxi is the Great Promise of the Companywhich should allow her to open a business line that will lead her to another financial dimension. The great promise is that it is working and generating performance in 2027.
However, the toughest competitors They have burned billions of dollars For years and their results are being very poor. The short time space to put a robotaxi in the market and the performance that until now have had the functions of autonomous driving of Tesla do not incite to be optimistic with which, at least, the announced plans are fulfilled.
Photo | Tesla and Google
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