What Tesla's Production Slowdown Could Mean for Its Stock

What Tesla's Production Slowdown Could Mean for Its Stock
·3 min read

Tesla (NASDAQ: TSLA) has grown to become the largest producer of electric vehicles (EVs) worldwide. The automotive industry is facing supply chain disruptions that have slowed production, and a brutal sell-off in the stock market has sent company valuations in the tech sector plunging. Tesla just reported its production figures for the second quarter of 2022, and it revealed the largest sequential drop in two years.