Unlock stock picks and a broker-level newsfeed that powers Wall Street. Upgrade Now
Tesla Slips Below $1 Trillion Market Value. Is Musk Hurting the Stock?
In This Article:
Tesla stock slumped on Tuesday, with the company ending the day with a market value below $1 trillion, as investors digested early-year sales data, which may just be random fluctuations or possibly a sign that CEO Elon Musk’s political activities are turning off customers. Telsa has some 3.2 billion shares outstanding, excluding Musk’s options. Tesla sold 9,945 cars, down 45% year over year, according to the European Automobile Manufacturers’ Association.
Terms and Privacy Policy