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Tesla's stock is down for the ninth week in a row. BI readers got an early signal trouble was coming.

In this Sunday edition of BI Today, we're talking about Tesla's 9 weeks of pain.
Tesla's stock has experienced a significant downturn, marking its ninth consecutive week of decline, which is the longest losing streak since the company went public in 2010. This decline comes amidst various challenges including price cuts, a cooling demand for electric vehicles, and increased competition in the EV market. Business Insider readers were alerted to potential trouble when Tesla's stock was downgraded by Morgan Stanley analyst Adam Jonas, who cited concerns over the company's growth and profitability. The article highlights how these issues have led to a substantial drop in Tesla's market value, with investors and analysts now questioning the company's future growth prospects and its ability to maintain its market dominance in the electric vehicle sector.

Read the Full Insider Article at:
[ https://www.msn.com/en-us/money/markets/teslas-stock-is-down-for-the-ninth-week-in-a-row-bi-readers-got-an-early-signal-trouble-was-coming/ar-AA1Bu1Oj ]