$85 billion Tesla shares in 1 week recorded their worst week since the start of the epidemic in March 2020 last week. Share losses amounted to 18 percent in a week and the company’s market value was 85 billion. dollar lost to less than $400 billion. Tesla’s market value, which saw 1 trillion 240 billion dollars in January 2022, fell to 387 billion dollars the previous day. The 11-month loss was 853 billion dollars in total. As a result of the developments, Toyota, which is the second most valuable automotive company with a market value of 190 billion dollars, has closed the gap with Tesla. In third place is the Chinese BYD with 92 billion dollars.
‘TWO YEARS NO SALES’
A statement came from Musk on increasing concerns. twitter Speaking in Spaces, Musk said that he predicts that the economy will enter a serious recession in 2023 and demand for expensive products will decrease. Elon Musk said, “I probably won’t sell shares until two years from now. “Under no circumstances will I be selling next year, and possibly next year,” he said. Musk most recently sold another $3.6 billion worth of Tesla shares on December 14, bringing the total sale of shares in Tesla this year to $40 billion.
ARRIVAL TO TURKEY IS LEFT TO 2023
Aiming to enter Turkey in 2022 TeslaThese plans of ‘s are left to 2023 due to supply and raw material problems that deeply affect the automotive industry. The company is expected to start sales in Turkey in the first quarter of 2023. Answering my question on the subject, Tesla Turkey CEO Kemal Geçer pointed out the supply situation and confirmed that Turkey’s plans are for 2023. The ‘Giga Berlin’ factory in Germany plays an important role in the company’s plans for Turkey. The company that produces Model Y in this factory recently shared that it started to produce 3,000 Model Y units per week. This means that the factory can produce an estimated 150,000 Model Y units per year. On the other hand, the more economical Model 3 is produced in China, but supply problems continue due to quarantine measures in China.