Most Viewed Content:

Xiaomi Redmi X86 giant screen TV, 4K display + metal body RMB 4999

Xiaomi previously announced the Redmi X86 giant-screen TV. Xiaomi...

Sega says Sonic the Hedgehog series has surpassed 1.5 billion sales and downloads

Sega released the latest sales of its "Sonic the...

Tesla shares plunge 7% to new low, market value evaporates $3 trillion in two months

Factors such as car recall increased investor concerns, and CEO Elon Musk focused on turning around Twitter, since mid-September this year. Tesla’s market value has evaporated more than 430 billion US dollars (about 3 trillion CNY).

As of Monday’s close, Tesla’s stock price fell 6.8% to close at $167.87, the lowest level since November 2020, and its market value has evaporated by about $38.9 billion (about 278.7 billion CNY).

Prior to this, Tesla announced a recall of more than 320,000 vehicles in the United States due to faulty taillights. At the same time, the epidemic has also put Tesla’s production and sales at risk.

Tesla’s market value has evaporated more than $430 billion in more than two months

Tesla’s shares have lost nearly half of their value in less than two months as supply chain disruptions mount, raw material costs soar and would-be buyers are squeezed by stubborn inflation and rising interest rates.

Data show that since mid-September this year, Tesla’s market value has evaporated by more than 430 billion US dollars (about 3 trillion CNY). Tesla’s market value, which once topped $1 trillion, was down to $530 billion.

Latest

LG introduces a vibrating panel that turns car dashboards and headrests into speakers

LG Display has developed a new "invisible" speaker technology...

Twitter is now hiring engineering and sales staff

According to Verge reports, the new boss of Twitter...

Serious bug with iCloud for Windows: Synced videos won’t play, photos of strangers will appear

According to feedback from users in the community and...
spot_img

Newsletter

Don't miss

LG introduces a vibrating panel that turns car dashboards and headrests into speakers

LG Display has developed a new "invisible" speaker technology...

Twitter is now hiring engineering and sales staff

According to Verge reports, the new boss of Twitter...

Serious bug with iCloud for Windows: Synced videos won’t play, photos of strangers will appear

According to feedback from users in the community and...
Threza Gabriel
Threza Gabrielhttps://www.techgoing.com
TechGoing is a global tech media to brings you the latest technology stories, including smartphones, electric vehicles, smart home devices, gaming, wearable gadgets, and all tech trending.
spot_imgspot_img

South Korea: Established World’s Largest CO2 Storage, Aiming to Promote 4.5 Million Hydrogen Vehicles by 2030

According to Yonhap News Agency, the Ministry of Science, Technology and Information Communication (MOST) held its 5th Carbon Neutral Technology Special Committee meeting today...

VirtualBox 7.0.4 released initial support for Linux 6.1 kernel

Oracle today officially released VirtualBox 7.0.4, one month after the previous 7.0.2 release. The new release adds initial support for Linux Kernel 6.1 kernel...

Sigma Fujifilm X-mount 18-50mm F2.8 lens priced at 3,588 CNY

Sigma announced that the Fujifilm X-mount 18-50mm F2.8 DC DN lens is priced at 3,588 CNY and will be available on November 25. According to...