Tesla shares fell to levels of early November 2024. In total, quotes have fallen by more than 50% from their historical maximum
The price of shares of the electric car manufacturer Tesla (TSLA) fell to the levels of early November 2024 during trading on Monday, March 10. Thus, the papers lost all the growth that was observed after Donald Trump won the US presidential election on November 5.
During trading on the NASDAQ exchange on Monday, March 10, Tesla quotes fell by 12.01% and fell to $231.13 per share as of 19:50 Moscow time. On the eve of the US elections, that is, on November 4, Tesla shares ended the main trading at $242.84 per share.
The negative dynamics of shares of the electric car manufacturer Tesla were observed against the backdrop of a general decline in the American stock market. The NASDAQ Composite Index (IXIC) fell 3.2% to 17,618.04 points as of 19:34 Moscow time.