Another selloff in Tesla Inc.’s stock (TSLA) on Tuesday, toward a more than two-year low, could drop the electric vehicle maker down to 13th on the list of most valuable S&P 500 (SPX) companies. The electric vehicle maker’s stock slumped 3.3% toward a seventh-straight loss in premarket trading, with recent trading prices implying a market capitalization of about $375.96 billion, down from $388.88 billion as of Friday’s close. Tesla now sits just above semiconductor maker Nvidia Corp. (NVDA) which had a market cap of $374.07 billion on Friday. Read More...
Another selloff in Tesla Inc.’s stock (TSLA) on Tuesday, toward a more than two-year low, could drop the electric vehicle maker down to 13th on the list of most valuable S&P 500 (SPX) companies. The electric vehicle maker’s stock slumped 3.3% toward a seventh-straight loss in premarket trading, with recent trading prices implying a market capitalization of about $375.96 billion, down from $388.88 billion as of Friday’s close. Tesla now sits just above semiconductor maker Nvidia Corp. (NVDA) which had a market cap of $374.07 billion on Friday.
