Tesla stock price prediction as TSLA wipes out $500 billion in two months

Tesla’s (NASDAQ: TSLA) stock price has experienced one of its worst losing streaks in recent months as the company struggles with growing competition and concerns about CEO Elon Musk’s commitment to the firm. The magnitude of TSLA’s recent sell-off has seen the electric vehicle manufacturer wipe out $500 billion in market capitalization since hitting a record high of $488 on December 18, 2024. Despite the losses, Tesla’s market cap remains above the $1 trillion mark, currently at $1.056 trillion.In the late ...