Part 3/10:
To understand the nuances, it’s vital to analyze the broader market indices. Since Musk's Twitter acquisition, Tesla’s stock has declined roughly 30%, while the NASDAQ as a whole has remained relatively flat. However, a closer look reveals that the NASDAQ 100's technology sector has also experienced a 35% decline over the last 12 months, suggesting that Tesla's challenges are partly reflective of sector-wide headwinds rather than company-specific issues.
Interestingly, the S&P 500 index has only fallen 16% over the same period, indicating that Tesla's woes are more concentrated than the general market decline. When factoring in recent developments, such as the closure of the Twitter deal on October 27th, and the subsequent performance, a more nuanced picture emerges.