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Tesla stock suffers double-digit drop on carmaker’s worst day in years

Elon Musk’s EV company lost a quarter of its value after revealing weak profits and high spending on AI and robotics Tesla ’s stock fell about 13.5% on Thursday in one of the biggest single-day market losses in the compa

The Guardian BusinessJuly 23rd, 2026 10:35 PM1 views1 min read
Tesla stock suffers double-digit drop on carmaker’s worst day in years

Tesla stock suffers double-digit drop on carmaker’s worst day in years is one of the latest updates being tracked by Novexa News from The Guardian Business. Elon Musk’s EV company lost a quarter of its value after revealing weak profits and high spending on AI and robotics Tesla ’s stock fell about 13.5% on Thursday in one of the biggest single-day market losses in the company’s history. Elon Musk ’s automaker...

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Source: The Guardian Business via theguardian.com - https://www.theguardian.com/technology/2026/jul/23/tesla-stock-drops-elon-musk

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