, which crashed 21% on Tuesday alone, lost $109 billion in the past three sessions. Facebook lost $89 billion.Tesla rebounded in Wednesday's premarket after its worst single-day loss ever. However, shares of the electric auto maker were still up nearly 300% in 2020 as of Tuesday's close.
Tesla's dizzying climb this year had it up as much as 500% at $502 per share when it reached all time highs on Sept. 1, the day after its 5-for-1 stock split took effect. Since then, as of Tuesday's close, the stock tanked 34%, well into a bear market as defined by a decline of at least 20% from recent highs.Shares of U.K.-based
a dead cat bounce ?
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