FRANCE 24 English published this video item, entitled “Massive sell-off of technology shares as Tesla sees record slump” – below is their description.
Hundreds of billions of dollars have been wiped off the value of technology companies in recent days, after a major share sell-off. The electric carmaker Tesla was among the worst-hit companies, sliding 21 percent in trading on Tuesday. Investors are concerned that these firms’ shares rose too quickly during the pandemic, and are now overvalued. Despite the rout, most tech shares are still trading at much higher values than they were at the beginning of the year. Also today, we look at Uber’s pledge to use more electric vehicles. Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN Visit our website: http://www.france24.com Subscribe to our YouTube channel: http://f24.my/youtubeEN Like us on Facebook: https://www.facebook.com/FRANCE24.English Follow us on Twitter: https://twitter.com/France24_en
FRANCE 24 English YouTube Channel
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