"Tesla's Stock Wavers Amid Market Highs and Anticipated Delivery Data"

1 min read
Source: MarketWatch
"Tesla's Stock Wavers Amid Market Highs and Anticipated Delivery Data"
Photo: MarketWatch
TL;DR Summary

Tesla Inc.'s stock is on the verge of its longest losing streak in a month, with a 1.4% drop in premarket trading indicating a fourth consecutive day of declines. This downtrend follows a period where Tesla's shares slightly increased by 0.8% over three months, underperforming the S&P 500's 12.1% gain. Despite Tesla's fourth-quarter deliveries exceeding expectations, the company has lost its top spot in EV sales to China's BYD Co.

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