Higher interest rates, fierce competition, and slowing industry demand are all contributing to troubles for Tesla stock investors.
Fool.com contributor Parkev Tatevosian highlights the factors leading to Tesla's (TSLA +2.40%) stock price decrease following its peak valuations.
*Stock prices used were the afternoon prices of Oct. 31, 2023. The video was published on Nov. 2, 2023.
*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.
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