Prediction: Tesla Will Lose Its Trillion-Dollar Market Cap Before 2027.
The line sits near $250 per share -- about 16% below where the stock trades. Here's the math behind the call.
Overview
Tesla (NASDAQ: TSLA) closed Wednesday at $298.32, down about 3%, after setting a fresh 52-week low during the session. The electric car maker is now worth about $1.18 trillion. The stock has fallen about 30% in 2026, including an 18% drop last week alone, its worst week since 2022.
That puts the $1 trillion line about 16% below Wednesday's close.
Details
I don't think it stays above that line through year-end. My prediction is that Tesla trades below $1 trillion before 2027 begins, and the company's own numbers and guidance are the reasons.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.