Tesla extends declines amid broader market rally as the EV maker sees stock slashed in half in 2022

Dec 13 2022 by Business Insider

 
Elon Musk in a Tesla Roadster.

James Leynse/Corbis via Getty Images

Tesla stock slipped 5% Tuesday, extending Monday's losses even as the wider market rallied.  Shares of the EV-maker have shed about 55% in 2022.  Investors have taken a dim view of Elon Musk's Twitter acquisition, fearing it will distract from his Tesla duties. 

Tesla stock dropped more than 5% Tuesday, even as the broader market rallied on upbeat November inflation data. 

Shares of the electric vehicle-maker hovered around...

Continue Reading Tesla extends declines amid broader market rally as the EV maker sees stock slashed in half in 2022