The ongoing correction is driven by a mix of valuation concerns, muted earnings growth, and global macro uncertainties. Rising geopolitical tensions and the risk of a potential trade war have further exacerbated investor caution.
Tesla shares jump 4% as investors discount EV maker’s lower than estimated Q2 deliveries
Tesla shares saw an increase despite lower-than-expected deliveries. Nearly 12 crore shares changed hands. This happened amid tensions between Elon Musk and US President Donald