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Auto Stocks Down on Oil, Supply Chain, China Demand. Tesla Is Holding Up Better.

March 2, 2022
Source: leportale.com leportale.com
News Snapshot:
Ford Motor is one of the automotive companies where shares sank Tuesday on rising oil worries. Scott Olson/Getty Images Automotive investors woke up to a growing oil shock Tuesday . But that’s only one of the issues causing auto - stock stress these days. Meanwhile, shares of electric vehicle manufacturer Tesla are holding up better . The Tesla (ticker: TSLA) stock price performance is small comfort to most automotive investors . Tesla is a growth stock . Most auto investors are part of the value tribe of the investing world. Valuation explains the growth/value schism. Tesla stock trade for roughly...
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Tags: Attack | auto | Automotive | bank | banking | Business | China | Chinese | electric vehicle | EV | Ford | German | Germany | index | Japan | manufacturer | manufacturing | Oil | Russia | stocks | supplier | supply chain | Tesla | Toyota | Xpeng

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