Can Tesla Survive a Recession? Somewhat worse than most stocks, Tesla has lost over 50% of it’s stock value lately.
The Corona virus is threatening the world economy. Whole countries are in lock down. And every economic indicator points towards a recession. In the middle of a National Emergency in America the last thing on people’s minds is whether or not they should by a Tesla car. Can Tesla survive the inevitable drop in demand?
Can Tesla do to weather the economic storm? Furthermore there is new competition coming after Tesla. Watch our second Tesla video today for insights into the question ‘Where is Tesla’s competition?’
Competition may be fierce. However the first order of business is to survive the coming recession. Will Tesla survive? Watch the video above for answers.
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Source/Credit for the video: TMIO Tesla