Tesla Inc.’s stock on Tuesday hovered at its lowest level since November on the heels of lower sales in Europe, pushing the electric-vehicle maker’s valuation below $1 trillion for the first time in three months.

Tesla (NASDAQ:TLSA) stock has had a rough go of things over the past few weeks. Weakening EV sales and delivery numbers, increasing competition

Current prices put Tesla’s market value below $1 trillion. The stock needs to maintain a share price of about $311 to keep that mark. Telsa has some 3.2 billion shares outstandi

Tesla's stock tumbled 8% on Tuesday, pushing its market value below $1 trillion for the first time since November after data showed the electric car maker's sales slumped in Europe in January.

On February 20, Tesla’s 50-day moving average shifted into a bearish trend as the telltale trendline shifted into a declining pattern. The last time Tesla’s 50-day followed a similar trend was January 24, 2024. That shift in the stock’s momentum preceded a 22% decline in Tesla shares over two-month period.