Tesla faced unique challenges this year, including declining demand, an ageing portfolio, and more incredible rivalry from incumbent manufacturers. Musk’s acquisition of Twitter resulted in a dramatic drop in Tesla’s stock price, which fell by up to 65 per cent over the course of the year. According to Bloomberg, the crash chopped billions off Musk’s net worth, making him the unlucky first to lose $200 billion.
Tesla has now revealed that it will broadcast its investor day on March 1st, 2023 and that select investor will be able to attend in person.
