Tesla Stock News that swing the stock price heavily in the past

Tesla Faces Giant 17% Stock Swings Ahead

The CEO has decided to publish and made his debut on June 29, 2010. After a period of success and expansion, Tesla at https://www.webull.com/quote/nasdaq-tsla was able to create a cheaper and more affordable model that was better suited to its larger market share. Following the introduction of these innovative products, vehicle sales of Tesla increased to about 60,453 in 2011, 135,421 in 2012 and 214,230 for electric vehicles in 2013. This growth trend continued for two years from 2014 to 2015, during which the number of electric vehicles sold reached 321,421 in 2014, an 80% increase in 2015.

However, Tesla announced it would cut its 2015 production forecast from 55,000 to 50,000. This reduction in production and delays in supply eroded investor confidence and sent share prices down by 12%. Musk admits that he spent the first half of 2016 in production hell. Fortunately, J.D. Powers found that the quality problems in Tesla’s expensive luxury vehicles did not jeopardize the brand’s image and sales, as owners believed Tesla was a pioneer in the early adoption of new technologies.

On April 30, 2015, Musk announced at the end of the year that he had a battery pack capable of generating the energy needed to power a home. After the presentation, two more manufacturers decided to offer similar products. Daimler announced that a lithium-ion battery version will be available at the end of 2015. BYD, a Chinese car and battery manufacturer, announced the production of a 5MW system that powers approximately 2,500 homes. Another Tesla product is Super Charger.

This is currently the fastest way to charge a 120 kW electric vehicle. The supercharger network is well developed, mainly in the US, and the infrastructure is growing in Europe and the Asia Pacific region. By the end of 2015, Tesla had built around 3,400 and 585 stations located near attractions like shopping malls, restaurants, and cafes where customers could eat or browse the web while charging. Tesla made it possible.

The setup is both RWD and AWD (this is used in more powerful setups) and the performance is similar to that of a sports car. It takes 0 to 60 mph in 3.3 seconds and has a top speed of 155 mph (limited, around 250 km / h). ). In the second quarter of 2015, a new version 90 with more autonomy and performance was launched (762 hp instead of 700 of 85). The lack of a conventional engine has also enabled the car to receive five stars from NHTSA and Euro NCAP in all categories of both. If you want to know more, you can check at https://www.webull.com/newslist/nasdaq-tsla.

Disclaimer: The analysis information is for reference only and does not constitute an investment recommendation.

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