Behind Tesla’s plunge: non-farm data triggers turmoil in US stocks!
Tesla, in particular, saw its stock price plummet by more than 8%, with its market value evaporating by $62.1 billion overnight.
The impact of the release of this data on the stock market is obvious.
As one of the important indicators to measure economic health, the slowdown in non-farm employment growth may indicate a slowdown in economic growth.
This uncertainty has caused changes in investors' expectations of the future market, which in turn has affected the overall performance of the stock market.
For Tesla, the sharp fluctuations in its stock price were not without warning.
Since the beginning of this year, Tesla has faced many challenges, including slowing sales growth and declining gross profit margins.
Although Tesla's cumulative deliveries in 2023 reached 1.8086 million vehicles, a year-on-year increase of 38%, it was still lower than the 2 million vehicles generally expected by CEO Musk and the market.
In addition, in order to increase sales, Tesla has made large price cuts several times, which has also led to a sharp decline in the company's operating profit and gross profit margin.
The decline in these financial data is directly reflected in the stock price.
External factors have also had a significant impact on Tesla's stock price.
Car rental giant Hertz announced the sale of 20,000 electric vehicles, sending a signal to the market that demand for Tesla's electric vehicles may not be as strong as expected.
In addition, the Berlin factory suspended production due to changes in transportation routes caused by regional conflicts, which had a direct impact on Tesla's production capacity and delivery plans, further exacerbating the decline in stock prices.
It is worth mentioning that investors’ psychological expectations also played a certain role in this stock price fluctuation.
Some investors sold Tesla shares in the new year in order to delay tax payments. This so-called "tax avoidance strategy" also contributed to the decline in stock prices to a certain extent.
Faced with such a situation, investors need to remain vigilant and pay close attention to the company's developments and financial data.
Although the market still has expectations for Tesla's future, investment decisions should be based on comprehensive information analysis and rational expectation management.
The plunge in Tesla's stock price is part of the market adjustment caused by the US non-farm payroll data in August that was lower than expected. The reasons behind this include changes in the company's own operating conditions, adjustments in the procurement strategies of external partners, temporary interruptions in factory production, and investors' psychological expectations.
In this volatile market environment, investors should pay more attention to risk management and avoid blindly following the trend in order to achieve steady appreciation of their assets.
By gaining a deeper understanding of these macroeconomic data and market reactions, investors can better grasp market dynamics and make more informed investment decisions.
At the same time, for the general public who are interested in the financial market, this is also an opportunity to understand the operation of the market in an easy-to-understand way.
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