U.S. stocks closed slightly higher, but both the Nasdaq and the S&P 500 recorded their third consecutive weekly declines, while Tesla’s decline continued, closing down another 1.76%. Less than 388.9 billion US dollars.
At the beginning of 2021, Tesla shares traded at about $30 on a split-adjusted basis, eventually peaking at more than $400 in November 2021. Its market capitalization also ballooned to more than $1.2 trillion, making it one of the largest U.S. companies by market capitalization. Tesla shares closed at $123.15, the lowest point in two years.
At the start of 2021, Tesla shares were trading around $30 on a split-adjusted basis, eventually peaking above $400 in November 2021. Its market value has also ballooned to more than $1.2 trillion, making it one of the most valuable companies in the United States. Tesla’s stock price closed at $123.15, the lowest point in two years.
