Tesla shares drop 5%, continuing to slide as post-election rally loses steam
Portfolio Pulse from
Tesla shares have dropped 5%, continuing a downward trend as the post-election rally loses momentum. The stock fell 4% in premarket trading on Friday, following an 8% slump on Wednesday, marking its worst day since before Trump's election victory.

December 20, 2024 | 11:30 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Tesla shares have experienced a significant decline, dropping 5% as the post-election rally loses momentum. The stock fell 4% in premarket trading on Friday, following an 8% slump on Wednesday.
Tesla's stock has been on a downward trend, with a 5% drop following a previous 8% slump. This indicates a loss of investor confidence and a potential continuation of the decline in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100