Tesla, like many other growth/tech stocks last year, felt the heat of a hawkish Federal Reserve. The tech-heavy Nasdaq, of which Tesla is a member, finished the year down 32.97% as the Federal Reserve raised rates by a record 425bp in a bid to contain inflation.
Rising input costs and supply chain disruptions also contributed to the pain. Making matters worse Elon Musk’s clumsy takeover of Twitter required Musk to sell some $40 billion worth of Tesla shares to fund his latest…
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