Tesla stock is on the brink of its longest losing streak ever as shares threaten to falter for 8 consecutive days

Dec 28 2022 by Business Insider

 
Tesla CEO Elon Musk.

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Tesla stock has endured seven consecutive losing sessions, and an eighth would mark its longest losing streak ever. After rallying early Wednesday, shares of Elon Musk's EV company gave up gains. Tesla has tumbled roughly 40% in December alone, and almost 70% year to date.

Tesla stock has seen seven consecutive down sessions, and if shares close lower Wednesday it would mark the eighth straight drop and the longest slump on record.

Shares rallied...

Continue Reading Tesla stock is on the brink of its longest losing streak ever as shares threaten to falter for 8 consecutive days