Tesla’s share dropped by around 12% in a day on Thursday

Tesla shares dropped around $109 billion off its valuation in a single day on Thursday. Tesla Ceo Elon Musk announced that fourth-quarter earnings in electric vehicles and outlook failed to impress investors.

credit: official Website tesla.com

Tesla is an American-based electric vehicle company, famous for its luxury design infrastructure and innovative technology. Tesla shares were wiped off by 12% in a single day on Thursday, After an earning call the last day that was long on a humanoid robot called Optimus and short on a new vehicle.

Credit -Official Website tesla.com

Talking about the stock close, Stock closed in New York which was $829 the lowest price Since 14, October right now, on Thursday Tesla company lost second-biggest loses on the S&P 500 index. For further detail visit.

Leave a Comment