After wrapping up its seventh straight losing week on Friday, Tesla's slide continued, with the stock headed for its worst day since 2020. The company has now lost over half its value since peaking on Dec. 17, a drop that's wiped out about $800 billion in market cap.
Tesla Shares Plunge 14%, Head For Worst Day in Five Years
Tesla is the worst-performing stock in the S&P 500 this year, down 42% so far this year and falling further today.
Elon Musk is still demanding a $56 billion pay package from the company, and even trying to change Delaware law to get his payday.
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— More Perfect Union (@moreperfectunion.bsky.social) 10 March 2025 at 17:10
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