Tesla's Market Value Shrinks By $93 Billion In 3 Trading Days

According to reports, U.S. stocks closed down on Thursday, and the three major stock indexes all fell. Tesla, which fell more than 4% for two consecutive trading days, fell again by 4.86% on Thursday, with three trades in market value. Daily shrinkage exceeds 90 billion U.S. dollars .

When the U.S. stock market closed on Thursday, the Dow Jones Industrial Average closed at 30,924.14 points, down 345.95 points, or 1.11%: The S&P 500 Index reported 3,768.47 points, down 51.25 points, or 1.34%; the Nasdaq Composite Index reported 12,723.47. Points, down 274.28 points, or 2.11%.

US stocks closed down, and Tesla's stock price also fell significantly. When the U.S. stock market closed on Thursday, Tesla reported $621.44, a drop of $31.76 from the $653.2 at the close of the previous trading day, or 4.86%.

The stock price fell by nearly 5%, and Tesla's market value has also shrunk significantly. At the closing price on Thursday, Tesla's market value was 596.491 billion U.S. dollars, a decrease of 30.485 billion U.S. dollars from the previous trading day.

After falling again on Thursday, Tesla's stock price has fallen by more than 4% for three consecutive trading days, and its market value has shrunk by more than $30 billion in three consecutive trading days.

At the close of the US stock market on Tuesday, Tesla reported US$686.44, a decrease of US$31.99 or 4.45% from US$718.43 at the close of the previous trading day. The market value was US$658.882 billion, a decrease of US$30.7 billion from the previous trading day.

Tesla's stock price continued to fall on Wednesday, closing at $653.2, a drop of $33.24 or 4.84% from the $686.44 at the close of the previous trading day, and its market value was $626.976 billion, a decrease of $31.906 billion from Wednesday's close.

After falling by more than 4% for three consecutive trading days, Tesla's market value has dropped from $689.588 billion at the close of trading on Monday to below $600 billion, and it has shrunk by $93 billion in three trading days.