Tesla Stock Staggers To Near 12-Month Low

Topline Tesla shares stumbled again Tuesday, accelerating their dire start to 2024 as one notable analyst questioned whether investors attracted to Tesla’s bread-and-butter car business will soon “throw in the towel.” Key Facts Tesla’s stock sank 3%, hitting its lowest intraday level since April 27, 2023 at about $154 per share. With shares down nearly 40% this year, Tesla’s market capitalization has tumbled from $790 billion to below $490 billion, a far cry from its late 2021 peak of over …