why did tesla stock drop from $2 000 to $400

Tesla extended its rally on Thursday spiking decisively above 2000 per share and setting a new record high ahead of an expected 5 to 1. TSLA Complete Tesla Inc.

India S Hawkish Pivot Spurs Economists To Move Up Rate Calls Bnn Bloomberg

At 2000 per share the stock split would make each new share of Tesla worth 400 among the highest-priced per share on Wall Street.

. The price per share went up 97 to close at 52486. Tesla passed Johnson Johnson JNJ along the way on Wednesday in terms of market cap. Since the sudden growth in 2013 Teslas stock price history has been one of extreme.

Shares were worth 430 to start the year. TSLA stock quote history news and other vital information to help you with your stock trading and investing. Teslas stock popped today.

Its market cap is about 6192 billion. View real-time stock prices and stock quotes for a full financial overview. Tesla will split its stock 5-for-1.

The record price caps a yearand a decadewhen Tesla proved its doubters wrong. For 400 to be a possibility its current stock price has to make sense because if. Stock news by MarketWatch.

There are only seven companies in the SP 500 index worth more including Visa V at 447 billon and Apple AAPL at 216 trillion. CEO Elon Musk said two weeks ago the company. Shares of Tesla are up 338 in the past year to 65320 a share.

Find the latest Tesla Inc. Why Did Tesla Stock Drop From 2 000 To 400 - Stockbisbig - After a small pause wednesday following a 5 day rally that added more than 500 or 36 to the stock price tesla shares were on the move. About 12 million of those shares were sold at 400 to 900 a share according to the company.

If you bought Tesla stock right after the IPO and held on youd be looking at an 1000-plus return today. Open an Account Now. Why Did Tesla Stock Drop From 2 000 To 400.

On Thursday Tesla stock rose above 400 for the first time in the companys history. Also noting increased Chinese demand for Teslas newer Model Y SUV the analyst believes Teslas growth from the Chinese market could add between 300 and 400 to the companys stock price. Investors who bet against Teslas stock have been losing droves of money since the beginning of the yearincluding 25 billion on Monday alone.

Tesla has more short sellers than. From my vantage point Tesla is operating on all cylinders. This is why shares have been rallying lately.

Here are a few notable comparisons to put that figure in context. Tesla shares fell as much as 6 in pre-market trading on news Thursday that the company will sell 2 billion of common stock. Ad No Hidden Fees or Minimum Trade Requirements.

The stock then rebounded. After the split that hefty share price should drop to about 400. I expect TSLA stock to reach 400 by the end of the year driven by increased enthusiasm for the Model 3.

But Tesla has a lot to prove and its increased stock price has taken away a lot of upside. Near a 400 billion valuation its hard to see Tesla going up from here. Ill cover in my discussion about Tesla stock and a 200 scenario below.

However in a quick recovery on Thursday Tesla climbed back above 400 closing somewhere close to. Well the Tesla TSLA stock has also corrected nearly 60 going to 350 on Wednesday March 18. The electric carmakers stock trades above 2000 per share currently.

Tesla is now worth. Teslas stock soared 26 during the holiday-shortened week topping 1000 1100 and 1200 in the process. There is a lot you could buy for 400 billion.

At the start of 2010.

Tesla Stock 1 Trillion Of Speculation Nasdaq Tsla Seeking Alpha