Tesla Shares Slump Over 3% in Tuesday Trading, Pares Losses Minimally After Hours

AUSTIN, TX – Tesla Inc. (NASDAQ: TSLA) shares closed significantly lower on Tuesday, April 30th, reflecting investor concerns during the regular trading session, though a marginal gain was seen in post-market activity.

282.53** in extended trading, a minimal increase of $0.37 (0.13%) from the close.

Tuesday’s session saw Tesla open at $279.90. The stock traded within a range spanning a high of $284.45 and a low of $270.78 before settling near the lower end of its recent price action.

Despite the daily drop, Tesla maintains a formidable market capitalization around 88.41KCr (approximately $884.1 Billion USD). The stock continues to trade at a high valuation, indicated by a Price-to-Earnings (P/E) ratio of 155.30. Tesla does not currently pay a dividend.

The closing price keeps Tesla significantly below its 52-week high of $488.54, while remaining comfortably above the 52-week low of $157.40. The minimal after-hours gain does little to offset the day’s losses, leaving investors to monitor upcoming trading for clearer directional signals.