Tesla stock analyst has one-word reaction to recent sell-off, shares surge

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By Todd Campbell TheStreet

Tesla stock has been on a relentless path lower following a series of disconcerting sales data out of Europe and China.

Demand for Tesla cars has weakened substantially worldwide following Elon Musk’s high-profile role in the Department of Government Efficiency, or DOGE, an organization within the executive branch tasked with reducing government spending.

The outspoken Musk has drawn equal praise and blame for his mercurial nature. He’s seen by proponents as a trailblazing entrepreneur who has single-handedly catapulted electric vehicles in the mainstream. To his detractors, he’s a person with a string of failed promises on new car launches and autonomous driving with erratic behavior.

Read more at: https://www.miamiherald.com/news/business/article303891571.html#storylink=cpy

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