deshkart
Member
Tesla lost 60% during Covid crisis. 2009 was financial crisis - can understand a 60% drawdown then. Now economy is strong with no challenges with financial systems.Not 90% bad, but In 2009, Apple lost 61% of its value from peak to trough, a couple of years AFTER the iPhone had launched and it was already earning ~$10 billion in profit and still in its early but proven stages of growing like crazy.