What did Tesla’s stock plunge cost S&P 500 investors last year? Billions and billions

Posted January 8th, 2023 by Brahm Canzer & filed under Company Analysis, Economic Analysis, Financial analysis, Financial Planning, Growth & Valuation, Industry Analysis, Management Issues.

Description: A lot of retail investors are getting a good laugh from watching the impact that the huge decline in Tesla’s (TSLA) share price is having on CEO Elon Musk, who was the world’s richest person before Tesla started tanking.

Source: Yahoo.Finance.com – video report

Date: Jan 07, 2023

Link: https://finance.yahoo.com/news/what-did-teslas-stock-plunge-cost-sp-500-investors-last-year-billions-and-billions-135118666.html

Questions for discussion:

What does the report say about Tesla and the impact it has had on portfolios?
What do you think investors should do at this time, given the drastic drop in price?