Get ready — Tesla’s rollercoaster ride keeps spinning sharp turns. The company just suffered a $380 billion market wipeout, short sellers celebrated a $4 billion win, shares bounced back slightly, and Elon Musk’s spat with Trump continues to drive volatility. Here’s what’s really moving the dial today:
1. $380 Billion Vanishes as Tesla Becomes 2025’s Worst Hit Big-Cap Stock
Tesla’s stock has dropped a staggering 29.3% this year leading all major companies. That amounts to a jaw-dropping $380 billion loss in market value. Analysts point to sluggish EV demand, Musk’s political tweets, and the escalating conflict with Trump as key reasons.
2. Shares Rebound After Jobs Report and China Trade Hopes
Today, Tesla’s stock got a temporary boost, climbing back after markets reacted positively to U.S. jobs data and news that China may ease trade tensions. The rebound highlights how Tesla is now reacting more to global macro trends than just auto sales.
3. Short Sellers Bank $4 Billion Amid Tesla’s Volatility
Traders betting against Tesla scored another win about $4 billion in profits as the stock plunged. This brings total short profit for the year to a whopping $9.4 billion, rivaling the major shorting move seen in September 2020.