Tesla stock dive sends market cap of the green energy darling below oil giant Exxon Mobil's

Dec 21 2022 by Business Insider

 
The Tesla Cybertruck.

Tesla

Tesla's valuation is now less than Exxon Mobil amid the electric-vehicle leader's worst stock slump ever.  On Wednesday, Tesla's market cap was $436 billion compared to $445 billion for the oil giant. Tesla is now the S&P 500's 12th most valuable firm measured by market capitalization after previously climbing as high as fifth.

The record plunge in Tesla stock has brought the valuation of the electric car company below oil giant Exxon Mobil's.  

The last time...

Continue Reading Tesla stock dive sends market cap of the green energy darling below oil giant Exxon Mobil's