Tesla’s $380 billion wipeout marks biggest 2025 loss among top companies
From Yahoo Finance: 2025-06-06 06:29:00
Tesla’s stock performance has plummeted this year due to decreased EV demand, Elon Musk’s controversies, and a public feud with Trump. Market cap has fallen 29.3% to $917 billion. Despite this, shares rose after news of a peace-brokering call with Musk. Apple has also seen a decline in market cap, falling to No. 3 globally, while Microsoft claims the top spot with surging demand for AI services.
Read more: Tesla’s $380 billion wipeout marks biggest 2025 loss among top companies