As of the close on Friday (May 20) local time, Tesla fell 6.42% to $663.9 per share, and its market value evaporated about $44 billion (about 280 billion yuan) overnight.
According to the securities times, Tesla‘s share price has fallen by more than 40% from its record high in November last year. The market value has evaporated more than 450 billion US dollars, about 300 billion yuan
On the news, 5 on May 18, S & P Dow Jones Indexes announced the adjustment of the S & P 500 ESG index, and this month 35 companies including Tesla were excluded from the S & P 500 ESG index
Tesla’s share price fell one after another. Leo KoGuan, a billionaire known as the “best retail investor” of Tesla, called on social media on Thursday that Tesla should immediately announce its plan to buy back $15 billion (about 100 billion yuan) of shares in view of the continuous decline of the company’s share price
According to the securities times, Liao Kaiyuan is a loyal fan of Tesla. His investment motto is: stick to holding Tesla, continue to overweight and trust musk. “I believe the company is on the one-way road to becoming the world’s largest electric vehicle manufacturer,” he once said. Liao Kaiyuan also said publicly: “I think I’m a musk fan.” On Liao Kaiyuan’s Twitter, you can often see him discussing Tesla and musk.
According to public information, in 2022, Liao Kaiyuan, 67, ranked 424th on the Forbes Global billionaires list in 2022 with a wealth of US $6 billion.
In addition, as of Thursday (May 18) est, Tesla has lost its position as the largest heavy stock of Casey wood flagship fund, the first time in about four and a half years.
It is worth noting that Wall Street seems to be cautious about Tesla. According to statistics, according to the position data released in the first quarter, the number of newly-built Tesla institutions decreased by nearly 70% year-on-year, the number of institutions clearing positions nearly doubled year-on-year, and the world’s number one hedge fund jinqiaoshui accidentally cleared its positions.
in response to the concerns of investors, Tesla CEO Elon Musk said on twitter a few days ago that himself was thinking about Tesla all the time, and said that he spent less than 5% of his time acquiring twitter. This is not rocket science p align = “center” (source: musk twitter)
Daily economic news, comprehensive securities times, financial Associated Press, public information
