Although the US stock market index has hit historic highs this year, the situation for Tesla in 2024 does not look optimistic. In three months, the stock price of this electric vehicle manufacturer has fallen by nearly 30%, and its market value has evaporated by over 230 billion US dollars. As of last Thursday's closing of the US stock market, its stock price was $175.79. There are many reasons for the sharp drop in Tesla's stock price, including overall sluggish demand in the electric vehicle market, worrying delivery volumes, the damage caused by the "price war" on itself, and some negative controversies surrounding CEO Musk.