Tesla stock to close out worst year ever with a 65% loss in 2022, wiping out more than $700 billion in market cap

Dec 30 2022 by Business Insider

 
Elon Musk.

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Tesla stock is on pace for its worst year on record as trading in 2022 comes to a close.  Shares have lost about 65% from the start of the year.  CEO Elon Musk has faced pressure from investors over his preoccupation with Twitter. 

Tesla stock ticked up Friday, the last trading day of 2022, but is on track to close out its worst year in the company's history. 

Shares have lost about 65% from the start of the year, amounting to a loss of more than $700...

Continue Reading Tesla stock to close out worst year ever with a 65% loss in 2022, wiping out more than $700 billion in market cap