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

  • 📰 therealautoblog
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 528. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines