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Tesla Stock Settles Down, but Is the Recent Rout Over?

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Tesla  (TSLA)  shares have fallen nearly 30% since the end of January - a reflection of several factors ranging from rising bond yields amid expectations for higher inflation and the falling price of bitcoin to anticipation of a ramp-up in competition, particularly in Europe and China where COVID-inspired consumer subsidies and rebates have sparked a sales surge for all kinds of EVs, and not just those made by Tesla.

The stock settled down on Monday, though investors and Tesla-watchers remain on the fence about whether the stock has reached a bottom and is ready to resume its climb or whether inflation and competition will eat into Tesla's market share and future profits. Watch the video above for more detail.

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