{"id":1788391,"date":"2022-12-28T06:08:09","date_gmt":"2022-12-28T11:08:09","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1788391"},"modified":"2022-12-28T07:49:36","modified_gmt":"2022-12-28T12:49:36","slug":"tesla-stock-headed-for-worst-year-on-record","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tesla-stock-headed-for-worst-year-on-record\/","title":{"rendered":"Tesla Stock Heading for Worst Year On Record"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">16<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftesla-stock-headed-for-worst-year-on-record%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1788391&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p> Tesla shares lost 11% on Tuesday, and are down 44% now in December. Investors have retreated from the stock due to mounting challenges at Tesla&#8217;s home and abroad, as well as Elon Musk continuing to spend a lot of time on Twitter. Multiple news outlets reported new problems for Tesla production in China as the automaker struggles in North America and China to attract buyers.                   <\/p>\n<p><a href=\"https:\/\/www.cnbc.com\/quotes\/TSLA\/\">Tesla&#8217;s<\/a> On Tuesday, the stock fell 11% as the selling intensified. <a href=\"https:\/\/www.cnbc.com\/elon-musk\/\">Elon Musk&#8217;s<\/a> Electric car company is on the verge of closing its worst month, quarter, and year ever. <a href=\"https:\/\/www.cnbc.com\/quotes\/META\/\">Meta<\/a> To be the worst performing stock among the most valuable tech company stocks in 2022<\/p>\n<p>The latest drop occurs after <a href=\"https:\/\/www.wsj.com\/articles\/tesla-halts-auto-production-at-shanghai-plant-in-rare-christmas-suspension-11672056007\" target=\"_blank\" rel=\"noopener\">The Wall Street Journal<\/a> Tesla announced that it will continue its week-long production halt at Shanghai, and will face a fresh slew of Covid cases from its Chinese workforce.<\/p>\n<p> Related investing news    <a href=\"https:\/\/www.cnbc.com\/pro\/\" class=\"ProPill-proPillLink\" data-type=\"pro-button\"><\/a> Year-to-date Tesla performance   <\/p>\n<p>Reuters <a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/tesla-run-reduced-output-shanghai-january-plan-shows-2022-12-27\/\" target=\"_blank\" rel=\"noopener\">reported<\/a> The plant in Shanghai will reopen in January. It will only be open for 17 days. This is a change from Tesla&#8217;s usual practices. Shanghai has been hit by another wave of Covid infection this month.<\/p>\n<p>Tesla shares have dropped 73% from November 2021&#8217;s record high. The stock is down 69% by 2022, which is more than twice as much as the Nasdaq decline. The following are the top-rated carmakers: <a href=\"https:\/\/www.cnbc.com\/quotes\/F\/\">Ford<\/a> It is down 46% <a href=\"https:\/\/www.cnbc.com\/quotes\/GM\/\">General Motors<\/a> It has dropped 43% Tesla has seen a drop of 11% in 2016 since its IPO in 2010.<\/p>\n<p> Elon Musk attends The 2022 Met<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla shares lost 11% on Tuesday, and are down 44% now in December. Investors have retreated from the stock due to mounting challenges at Tesla&#8217;s home and abroad, as well as Elon Musk continuing to spend a lot of time on Twitter. Multiple news outlets reported new problems for Tesla production in China as the &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1788394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[5458,3835,4752,3819,4359,6734,6044],"class_list":["post-1788391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-bongino","tag-heading","tag-record","tag-report","tag-stock","tag-tesla","tag-worst"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1788391","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1788391"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1788391\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1788394"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1788391"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1788391"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1788391"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}