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Tesla's Value Declines Below $500 Billion as Risks Pile Up [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Most Read from Bloomberg Beyond the Ivies: Surprise Winners in the List of Colleges With the Highest ROI China Tells Iran Cooperation Will Last After Attack on Israel S&P 500 Futures Steady After Selloff Rattles Globe: Markets Wrap Microsoft Invests $1.5 Billion in UAE's G42 in Pivot From China Iran's Attack on Israel Sparks Race to Avert a Full-Blown War The stock tumbled about 4% to below $154 at one point on Tuesday in New York, bringing this year's drop to some 38%. Tesla shares are the second-biggest decliner on the S&P 500 Index in 2024, erasing more than $290 billion in value since year-end. The company hasn't closed with a market value under $500 billion since late April of last year. The company's troubles started in October when it warned that demand for EVs was starting to slow, but the full extent of that weakness only became apparent this month when Tesla reported first-quarter sales significantly below analysts' expectations. Those numbers rekindled invest
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- Stock market today: S&P 500 little changed after Tesla's China gambit in big week for markets [Yahoo! Finance][Yahoo! Finance]
- Tesla CEO Elon Musk makes surprise visit to China [Yahoo! Finance][Yahoo! Finance]
- Foreign Entity Of Concern And Other Geographical Problems Remain For EVs [Forbes][Forbes]
- Here's What's Happening in Markets: April 29 [Yahoo! Finance][Yahoo! Finance]
- Stock market today: S&P 500 fades gains as bond yields rise [Yahoo! Finance][Yahoo! Finance]
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