Today we cover Tesla (TSLA).
The company has hit some delivery issues in Q3 2022 by coming 30,000 vehicles short of the projected target. While that wasn't great news, the biggest issue that Tesla is facing right now, is his CEO, Elon Musk.
Musk made the most reckless move a few months back by purchasing Twitter for an insane amount of money ($44 billions). When he realized how dumb that move was, he tried to back out of it. He couldn't.
Now he, and Tesla shareholders, are stuck with it and that is dragging Tesla share prices down. The Twitter buyout is costing Musk top dollars. Unfortunately, his reckless decision is costing Tesla shareholders even more.
Good trading!
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