Skip Navigation Links
Short term issues facing Tesla
13 May 2021 (281 views)

Tesla's shares have been week for the past two weeks.

It faced the challenge that other tech stocks faced, namely:

a) Rotation away from growth stocks into cyclical stocks
b) Fear of higher inflation affecting the entire stock market

It is now facing some of its own problems, affecting Tesla only:

a) The sales in China in April was weaker than expected, due to temporary closure of some production lines
b) There were negative publicity about Tesla in the Texas crash and Shanghai auto show.
c) Elon Musk just announced that it is not accepting payment in bitcoin (which was a disappointing U-turn)

The Tesla specific issues may depressed its share price for a few weeks.

Over the longer term, Tesla still retains a commanding lead in the global electric vehicle market. 

Tan Kin Lian


Short term issues facing Tesla
[Back] [Print]


Tesla's shares have been week for the past two weeks.

It faced the challenge that other tech stocks faced, namely:

a) Rotation away from growth stocks into cyclical stocks
b) Fear of higher inflation affecting the entire stock market

It is now facing some of its own problems, affecting Tesla only:

a) The sales in China in April was weaker than expected, due to temporary closure of some production lines
b) There were negative publicity about Tesla in the Texas crash and Shanghai auto show.
c) Elon Musk just announced that it is not accepting payment in bitcoin (which was a disappointing U-turn)

The Tesla specific issues may depressed its share price for a few weeks.

Over the longer term, Tesla still retains a commanding lead in the global electric vehicle market. 

Tan Kin Lian