Tesla Stock Slides for a Fifth Day -- WSJ

Dow Jones02-12

By Owen Tucker-Smith

Tesla shares can't stop sliding. The stock sank 6.3% to $328.50 Tuesday and was the day's worst performer on the Nasdaq 100. It was Tesla's lowest close since Nov. 15 and its fifth consecutive day of falling.

The stock's decline comes amid some concern that the electric vehicle maker's chief executive, Elon Musk, might be distracted by a hostile bid he is working on to take over the nonprofit that controls OpenAI. Other investors may have been nervous about news that Tesla's Chinese rival BYD had announced advancements in its own self-driving technology.

Tesla has been unable to roll out its newest driver-assistance software in China. Musk has attributed the wait to regulatory issues, and the delay has emphasized the company's inability to keep up with its foreign competitors.

After a roaring 2024, the stock is down 19% this year. It has fallen 9% this week and 6.1% over the past three months.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

February 11, 2025 17:05 ET (22:05 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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The stock sank 6.3% to $328.50 Tuesday and was the day's worst performer on the Nasdaq 100. It was Tesla's lowest close since Nov. 15 and its fifth consecutive day of falling. \n</p>\n<p>\n     The stock's decline comes amid some concern that the electric vehicle maker's chief executive, Elon Musk, might be distracted by a hostile bid he is working on to take over the nonprofit that controls OpenAI. Other investors may have been nervous about news that Tesla's Chinese rival BYD had announced advancements in its own self-driving technology. \n</p>\n<p>\n     Tesla has been unable to roll out its newest driver-assistance software in China. Musk has attributed the wait to regulatory issues, and the delay has emphasized the company's inability to keep up with its foreign competitors. \n</p>\n<p>\n     After a roaring 2024, the stock is down 19% this year. It has fallen 9% this week and 6.1% over the past three months. \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 11, 2025 17:05 ET (22:05 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999015952.SGD","symbol_name":"LIONGLOBAL DISRUPTIVE INNOVATION \"I\" (SGD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2510164363","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510164363","pubTimestamp":1739311500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Tesla shares can't stop sliding. 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The stock sank 6.3% to $328.50 Tuesday and was the day's worst performer on the Nasdaq 100. It was Tesla's lowest close since Nov. 15 and its fifth consecutive day of falling. \n\n\n     The stock's decline comes amid some concern that the electric vehicle maker's chief executive, Elon Musk, might be distracted by a hostile bid he is working on to take over the nonprofit that controls OpenAI. Other investors may have been nervous about news that Tesla's Chinese rival BYD had announced advancements in its own self-driving technology. \n\n\n     Tesla has been unable to roll out its newest driver-assistance software in China. Musk has attributed the wait to regulatory issues, and the delay has emphasized the company's inability to keep up with its foreign competitors. \n\n\n     After a roaring 2024, the stock is down 19% this year. It has fallen 9% this week and 6.1% over the past three months. \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  February 11, 2025 17:05 ET (22:05 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2510164363","isCrawlerRequest":true}