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Tesla Has Lost $240 Billion In Value This Year, Why?

Can Tesla stay on top?

Will Lockett
Predict
Published in
5 min readMar 26, 2024

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Tesla used to be the hottest stock in town, famously valued way above any other automaker. Its rocket-like growth seemed it would never stop. But, so far this year, Tesla has lost a staggering $240 billion in value, making it the worst-performing company in the S&P 500! Tesla’s value has slumped in the past, but they were little blips…

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Will Lockett
Predict

Independent journalist covering global politics, climate change and technology. Get articles early at www.planetearthandbeyond.co