Tesla (TSLA) Stock Price Tumbles, Erasing Over $14 Per Share

AUSTIN, TX (Implied) / NEW YORK, USA – Tesla Inc (NASDAQ: TSLA) shares faced significant selling pressure in the latest market session, concluding the day with a substantial loss for investors tracking the electric vehicle manufacturer.

As of the market close on April 21st at 7:59 pm GMT-4, Tesla’s stock price settled at

14.39, equating to a 5.96% drop during the day’s trading. The close came in well below the prior session’s finish of $241.37.

 

Trading activity throughout the day saw Tesla open at $230.26. The shares peaked at an intraday high of $232.21 before succumbing to bearish sentiment, hitting a low of $222.79.

Key financial data points accompanying the price action include a market capitalization listed at 71.29KCr and a high Price-to-Earnings (P/E) ratio of 111.61. The data confirms Tesla does not currently issue a dividend. The stock remains significantly below its 52-week high of $488.54 and above its 52-week low of $138.80.

Following the official close, slight buying interest emerged in after-hours trading. The stock price saw a minor increase of $0.36 (0.16%) to reach $227.86, indicating a small recovery post-market. US market participants continue to assess the factors influencing TSLA’s recent performance.


Disclaimer: This article is based solely on the market data shown in the provided image for April 21st. It is intended for informational purposes only and does not constitute financial or investment advice.

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