✉news BusinessRetail first seen 8 h ago, last 8 h ago, peak #34
Tesla stock heads for worst week of the year after weak Q2
Original: TSLA Stock Sinks Toward Worst Week This Year After Weak Q2 — But CEO Elon Musk Is A 'Big Fan' Of His Insightful Retail Investor Army
Tesla shares are sliding toward their worst weekly performance of 2024 following a disappointing second-quarter report. The drop has drawn heavy commentary from retail investors, who remain a significant force in the stock. CEO Elon Musk responded by saying he is a 'big fan' of his 'insightful' retail investor base, acknowledging their role even as sentiment on the company turns more cautious.
Why now: A sharp weekly decline in Tesla shares after weak Q2 results has retail investors and analysts debating the company's outlook.
Evidence
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