The Steadily Decrease of Tesla‘s Stock대한민국청소년영어뉴스/KOREAN YOUTH ENGLISH NEWS
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  • 기사등록 2021-01-20 23:16:36
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The world's car makers are now inventing eco-friendly cars like electric cars concerning environmental pollution. One of the most famous car makers in South Korea, Hyundai, is launching brand new electronic car models such as Nexo, Ioniq, and Porter EV minding environmental pollution. Tesla, an electric car company as not well-known before, but due to those interests in the situation nowadays, some people become interested in Tesla. Many people becoming interested in Tesla's Roadster 2.0 with SpaceX conduct 0-60 mph. However, Tesla's stock is becoming so expensive due to sales surpassing analyst expectations which use both electricity and gasoline.


▲ This is Tesla`s logo.


Tesla Roadster 2.0 is different from a hybrid that uses both electricity and gasoline. Although the company's high-technology car was sold a lot, their stock goes down. In fact, short investors in Tesla lost $35 billion so far this year. It is more than the US airline; which lost $24.2 billion. If the stock price goes up, they get money. Also, Tesla's short sellers lost $8.5 billion only in November. Tesla's share has been so expensive, and the stock has gone so low. The reason why Tesla's stock became so expensive is because of sales surpassing analyst expectations.


▲ This is Tesla Roadster 2.0


Elon Musk, the founder of Tesla, warned his employees that his stock will immediately get crushed like a souffle under a sledgehammer. Tesla's stock got so cheap because of an announcement of the capital increase and the sale of shares of the biggest investors. They sold the stock because of increasing interest and too much importance of Tesla. Because of that, it would happen in real life that electric cars can be seen anywhere.

The future is that Tesla's stock would be more expensive if consumers buy a lot of Tesla's cars, or it will be in debt if people do not buy Tesla's car or if only just a few buy their cars. Tesla's future is up to the consumers. People in South Korea are using Tesla, increasing the prominence of Tesla, then the future will be up to them.

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