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Business Stock Market Tech

Tesla Shares See Their Biggest Ever Single Day Decline!

Tesla shares have finished the day at 21.06% down. This is the biggest single day share decline for the company in its history.

Why this matters: Tesla is a company going after a big dream. However, it also seems to be the company that is riding a very high valuation based on very little fundamental numbers being it. Revenues have increase 14% in the past 12 months, but the share price has increased 573%.

My views: I love the company and I love what they are trying to achieve, but it seems like they have become the poster child for a heavily overpriced stock market based on poor fundamentals.

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Business

Reserve Your Cybertruck Now Live in China on Tesla Website

Tesla Cybertruck orders in China.

Tesla is now officially taking Cybertruck orders in China. You can head to the Tesla website to reserve your Cybertruck.

The Cybertruck has such a unique design I’m sure there will be a lot of upper class Chinese who would love to be driving around in such a car. Really makes a statement.