Fool.com contributor Parkev Tatevosian highlights the factors leading to Tesla's (TSLA 2.27%) 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.
Why Tesla's Stock Price Is Crashing
Higher interest rates, fierce competition, and slowing industry demand are all contributing to troubles for Tesla stock investors.
By Parkev Tatevosian, CFA – Nov 3, 2023 at 9:00AM EST
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About the Author
A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history. You'll often find him writing about stocks in the consumer goods and technology sectors.
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