Throughout that drawdown, Tesla (NASDAQ: TSLA) and Microsoft (NASDAQ: MSFT) have seen their share prices plunge 73% and 30%, respectively. Between supply chain disruptions, temporary closures of Gigafactory Shanghai, and softening consumer demand, the company missed Wall Street's delivery estimates in the third and fourth quarters. Supply chain problems will resolve in time; China has shifted away from its zero COVID-19 policy; and consumer spending should rebound as inflation normalizes and interest rates fall.