Tesla lost a third of its value for the third time in a year. The company’s market capitalization collapsed by nearly $ 300 billion (to $ 550 billion). Market Watch reports.
Tesla shares on March 8 fell for the fifth trading session in a row (to $ 563), having lost about 21 percent over this period. Securities peaked on January 26, when capitalization rose to almost $ 850 billion.
One of the reasons for the fall in recent years is the global shortage of microcircuits, which has affected the supply of automakers. Tesla has temporarily suspended production of its most popular model, the Model 3, at its California plant. In general, over the past 12 months, the value of the auto giant’s shares has soared more than 4.6 times.