
Tesla has been experiencing a significant downturn, marking its longest losing streak since December 2022, with shares falling for seven consecutive days and down 18.62% over this period. This downturn has extended Tesla's drawdown to 896 days, making it the second longest since its IPO in 2010. The company's stock recently hit a 52-week low, currently trading 64% below its November 2021 peak. With Q1 earnings set to be reported, concerns are mounting about the potential outcomes, as this period could represent Tesla's worst earnings results in seven years.



Just what IS happening at Tesla? Ahead of what is feared will be its worst earnings results in 7 years, here's what's going wrong for the once-thriving EV maker https://t.co/L9ESqGIowY https://t.co/m9hd3yObt6
⚠️ JUST IN: *TESLA $TSLA CLOSES DOWN FOR 7TH DAY IN A ROW TO END AT A NEW 52-WEEK LOW https://t.co/HdHZq4gh3o
Shares of #Tesla hit a new 52-week low ahead of reporting Q1 earnings. @rbccm’s Tom Narayan says, “I am concerned about what could happen tomorrow.” @jonfortt $TSLA #Earnings https://t.co/nXoqBBCvc1