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Market Impact: 0.4

SpaceX and Tesla Stock Plunges Have Wiped About $450 Billion in Value Since the Midterms. Is It Time to Buy?

Source: Nasdaq

Market Technicals & FlowsAutomotive & EVPrivate Markets & VentureElections & Domestic Politics

Since the Election Day close, Tesla has fallen about 14% and SpaceX about 12%, erasing roughly $450 billion in combined market value as of about 3:00 p.m. ET Thursday. The article gives no reason for the declines.

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mildly negative

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