
Tesla has become the worst performer of the S&P 500, having lost over half of its market cap since December, when the company peaked.
Tesla stock plummeted by another 15.4% on Monday, bringing it down to 222.15, the lowest it has been since October of 2023. In December of 2024, Tesla shares were up to record highs of 488.54, meaning they have shed over half their value since then.