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Tesla has lost almost $700 billion in market value, the equivalent of 3 Disneys, 4 Nikes, or 6 Starbucks - Autoblog

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Tesla has lost almost $700 billion in market value, the equivalent of 3 Disneys, 4 Nikes, or 6 Starbucks

Elon Musk's company has lost nearly a Berkshire Hathaway's worth of market value.Tesla

Shares of Elon Musk's automaker surged from a split-adjusted $30 at the start of 2020 to north of $400 last November, boosting Tesla's market cap from under $100 billion to over $1.2 trillion. However, it has tanked by almost 60% since then to $530 billion as of Monday's close.

 

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