Tesla shares tumble after company misses delivery target

Tesla shares tumble after company misses delivery target

a year ago
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https://apnews.com/9fca552f53e916b56995e9fc20fc5d63

DETROIT (AP) — Shares of Tesla tumbled Tuesday on the first full day of trading since the company announced 2022 delivery numbers that fell short of targets.

The electric vehicle and solar panel maker's stock was down almost 13% in late afternoon trading and it's down just under 70% since the start of last year. The stock hit its lowest point since August of 2020, and its market value slid to $334 billion, down from over $1 trillion as recently as April.