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Tesla stock price remains on edge today, April 8, down by 30% from its all-time high.
Retail investors have bought $256 million in Tesla shares over the past five days.
KEY POINTS
- Tesla's new registrations in Germany surged 315% to 9,252 after a sharp slump last year.
- Tesla has a minority stake in SpaceX via xAI, which merged with SpaceX earlier this year.
- Major automakers like GM, Ford, and Stellantis have largely abandoned their EV initiatives with large write-downs.
- Tesla's stock chart shows a falling wedge pattern, suggesting a potential rebound if support holds.
COMPANIES
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