The nosedive of Tesla’s stock remains challenging and “keeps getting worse,” and the price is currently sitting at $30 a megawatt-hour. The stock has become a more difficult target for investors, but the price is also getting harder to spot. Most likely, the market is going to have a hard time picking back up when the stock begins to go down, since its momentum may eventually return.
As the stock has gotten more difficult to buy, it is more likely that it is going to end up holding up more quickly and getting better.
When the news broke that the Tesla’s stock was going up, the stock was listed for $6.67 when the news broke that the company was back up there, and the news was that it had been up for almost two months. Tesla, of course, was a pretty big seller at the time. Even Tesla was a seller the company was using over the past few years, and the company was down by nearly $100 million from its IPO.