Tesla, Inc. (TSLA)

$239.20 10.03 (4.02%)
16:00 EDT TSLA Stock Quote Delayed 30 Minutes

Why Is Tesla (TSLA) Stock Down Today?

TSLA stock has declined 8% so far this week on news of price and production cuts in China, and an analyst downgrade.

Why Is Tesla (TSLA) Stock Down Today?

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Previous Close -
Market Cap 758.15B
PE Ratio 76.18
EPS 3.14
Volume (Avg. Vol.) 87.40M
Day's Range $236.83 - $249.44
52-Week Range $138.80 - $280.93
Dividend & Yield N/A (N/A)

Engineers Martin Eberhard and Marc Tarpenning founded Tesla in 2003 before turning the company over to current CEO Elon Musk. Tesla produced its first electric vehicle (EV), the Roadster, in 2008. Since then, the company has gone on to define the EV industry and reach a market capitalization above $500 billion. Current models include the new Cybertruck, Model S, Model 3, Model X and Model Y. Tesla also has its hands in related efforts like battery development, vehicle charging, solar energy and self-driving technology. Investors often consider Tesla to be a company straddling the line between the automotive and technology industries, given its futuristic pursuits.