Quote:
Originally Posted by Damien
I wonder if he is slowly trying to get out of Telsa, he has sold a lot of shares in it over the last year and the price has dropped a lot. A lot of that is just a market correction as Telsa was absurdly overvalued compared to other car companies but with those companies taking a stronger interest in electric models as well as the problems Telsa have had it might be something he wants to get rid of.
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That theory makes sense. Tesla's market share is bound to fall as competition increases, particularly from Chinese and European manufacturers.