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One Reason Tesla Lost $10 Billion In Market Capitalization In A Breathtakingly Short Period Of Time

TESLA LOST $10 BILLION IN MARKET CAPITALIZATION

Understanding investor psychology can be baffling and frustrating for the managers of publicly traded corporations.  For instance, despite what many would regard as a stellar track record of proven performance, CEO Mark Fields was fired at Ford.  Apparently, the company’s success at making vehicles like its 150 truck the ride of choice for wealthy Americans (even besting longstanding luxury brands such as BMW and Audi) combined with Field’s determination not to be left behind by potential disruptions in the mobility business just weren’t enough.