**Tesla** Stock Plunges: Is It Time to Buy or Bail on Elon Musk’s EV Giant?
Electric vehicle giant Tesla, based in Palo Alto, California, has hit a rough patch in 2024 after a stellar performance throughout 2023. The company, listed on NASDAQ as TSLA, experienced a significant downturn in its stock value during the first quarter of the year due to various challenges, including a disappointing earnings report and price cuts within the electric vehicle industry. Concerns about high interest rates further compounded the situation. Tesla’s fortunes continued to decline …