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Tesla shares are declining, there is a danger of the first fall before Christmas



Shares of Tesla Inc. TSLA,
+ 7.84%
fell 2.1% in trading markets on Monday, putting them in danger of suffering their first drop in 12 sessions. Shares rose 37.4% amid a record 11-day earnings to close at a record $ 880.02 on Friday. Since the last stock decline on December 22, the market capitalization of the electric vehicle manufacturer has increased by more than $ 227 billion to $ 834.2 million, enough to make Tesla the fifth most valuable U.S. company and CEO Elon Musk is the richest man in the world. Wedbush analyst Dan Ives said in a note to customers that he believes China can see the “eye search”

; in 2021 and 2022, and Tesla’s flagship Giga 3 is a “big competitive advantage.” Tesla shares have doubled (by 102.8%) in the last three months to Friday, while the S&P 500 SPX,
+ 0.55%
has gained 10.0%.


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