how much value has tesla stock lost
How much value has Tesla stock lost
Quick answer: The amount depends on the dates and metric you choose. As of major news snapshots in March–June 2025, reporters documented declines ranging from roughly a third to more than half of Tesla’s equity value depending on whether they measured year‑to‑date (YTD), peak‑to‑trough, or market‑capitalization wipeouts. This article explains how those figures are computed, shows dated source citations, gives example calculations you can reproduce, and lists key metrics to monitor going forward.
Overview / Executive summary
This article directly addresses the question: how much value has Tesla stock lost? It does so by describing differences between share‑price and market‑capitalization measures, presenting a chronology of major reported declines (with dates and sources), outlining calculation methods, and summarizing likely contributors to the decline.
- As of March 10, 2025, multiple outlets reported a dramatic fall from a mid‑December 2024 peak: Reuters and USA TODAY (Reuters republish) reported market‑cap declines of nearly half from the peak; CNBC reported an intraday 15% plunge on March 10 and noted Tesla had “lost more than half its value since peaking on Dec. 17.”
- As of March 16, 2025, The Motley Fool reported Tesla had lost “more than a third of its value in 2025.”
- As of March 12, 2025, Business Insider / Yahoo Finance reported a JPMorgan analyst note citing roughly a 48% market‑cap wipeout from the recent peak.
- As of June 6, 2025, Reuters summarized a cumulative $380 billion market‑cap loss and noted a 29.3% change to a $917 billion market cap on that date.
- Subsequent coverage (e.g., Fortune, Aug 4, 2025) documented impacts on Elon Musk’s net worth, and live quotes (TradingEconomics, Yahoo Finance, CNBC TSLA pages) provide rolling snapshots for anyone reproducing calculations.
Key point: precise dollar or percentage losses depend on the exact cutoff (intraday vs. close), whether the calculation is by share price or market cap, and whether stock splits or corporate actions are adjusted. This article shows how to reproduce the numbers and why reported figures may differ.
Important definitions and measurement methods
Share price change vs. market capitalization change
- Share price change measures how a single share’s quoted market price moved between two dates. Percentage change = (P_end − P_start) / P_start × 100.
- Market capitalization change measures the aggregate equity value of the company: market cap = share price × shares outstanding. Dollar change = market_cap_end − market_cap_start; percent change = (market_cap_end − market_cap_start) / market_cap_start × 100.
Why they differ: If shares outstanding change (rare large buybacks/issuances or stock splits), market‑cap percentage moves may deviate from raw per‑share changes. For Tesla in 2024–2025, most headlines referenced share price declines translated into market‑cap wipeouts using a stable outstanding share count, so percentage changes are broadly similar for both measures when shares outstanding are unchanged.
Time‑window selection (YTD, since peak, rolling 3/6/12 months)
The time window is the primary reason different outlets report different losses. Common windows used in headlines:
- Year‑to‑date (YTD): performance from Jan 1 to report date.
- Since recent peak: performance from the most recent all‑time high (e.g., Dec 17, 2024) to a later date.
- Rolling windows: 3‑, 6‑, or 12‑month comparisons.
Example: A YTD decline reported mid‑March 2025 reflects price moves since Jan 1, 2025. A peak‑to‑trough measure from Dec 17, 2024 to Mar 10, 2025 may show a larger percentage because it captures the drop from the high point.
Total return vs. price return
Total return includes price change plus dividends and other distributions. Tesla historically does not pay a cash dividend, so price return ≈ total return for retail holders. Remember to account for stock splits: Reuters and major quoters typically use split‑adjusted historical prices.
Major reported declines (chronological snapshots)
Note: Every numeric claim below is date‑stamped and attributed to a reported source. Use the cited dates to reproduce or update calculations with exchange data.
Peak to subsequent drawdown (December 2024 — March 2025)
- As of March 10, 2025, Reuters reported that Tesla’s market cap had plunged and that the company had seen a near‑half wipeout from a mid‑December 2024 peak. (Source: Reuters, Mar 10, 2025.)
- As of March 10, 2025, CNBC reported an intraday 15% share‑price drop and noted that Tesla had “lost more than half its value since peaking on Dec. 17,” citing price action through that day. (Source: CNBC, Mar 10, 2025.)
- As of March 12, 2025, Business Insider (via Yahoo Finance republish) referenced a JPMorgan analyst note estimating roughly a 48% market‑cap erosion from the peak. (Source: Business Insider / Yahoo, Mar 12, 2025.)
These peak‑to‑trough reports reflect a dramatic short window of volatility tied to investor sentiment, selling pressure and company‑specific factors.
Year‑to‑date and mid‑2025 figures
- As of March 16, 2025, The Motley Fool reported Tesla had “lost more than a third of its value in 2025” (YTD to that article date). (Source: The Motley Fool, Mar 16, 2025.)
- As of June 6, 2025, Reuters reported a $380 billion wipeout and a 29.3% change to a $917 billion market cap on that date, noting Tesla’s 2025 losses among large companies. (Source: Reuters, Jun 6, 2025.)
Different outlets used different cutoffs (e.g., Mar 10 vs. Mar 16 vs. Jun 6), which explains the variation between “more than a third,” “nearly half,” and the $380 billion headline.
Analyst and market commentary snapshots (March–June 2025)
- JPMorgan analysts, cited by Business Insider/Yahoo on Mar 12, 2025, characterized the decline as roughly a 48% market‑cap wipeout from the recent peak and warned on valuation recalibration. (Source: Yahoo / Business Insider, Mar 12, 2025.)
- Reuters’ June 6, 2025 piece framed the $380 billion decline in absolute dollar terms and compared Tesla’s 2025 performance to other large companies. (Source: Reuters, Jun 6, 2025.)
Later impacts and continuing movement (mid‑2025 onward)
- As of Aug 4, 2025, Fortune quantified the impact on CEO Elon Musk’s net worth (reporting an approximately $80 billion decline tied to Tesla’s share moves). (Source: Fortune, Aug 4, 2025.)
- Live price and market‑cap snapshots on TradingEconomics, Yahoo Finance and CNBC TSLA pages continued to show volatility and provide the raw closing prices needed to reproduce percent and dollar calculations.
Quantifying the loss — examples and how to calculate
Below are step‑by‑step examples using the reported snapshots so readers can reproduce the numbers. Always verify the closing price and shares outstanding on the dates you choose.
Formulae you will use
- Percent change (price): (P_later − P_earlier) / P_earlier × 100
- Dollar change (market cap): Shares_outstanding × (P_later − P_earlier)
- Percent change (market cap): (MarketCap_later − MarketCap_earlier) / MarketCap_earlier × 100
Note: If an outlet reports market‑cap figures directly (e.g., Reuters’ $917B on Jun 6, 2025), you can compute the dollar wipeout by subtracting the reported market cap from the earlier reported peak market cap.
Example 1 — Peak (Dec 17, 2024) to March 10, 2025 (illustrative)
- As of Dec 17, 2024, assume Tesla’s intraday peak price = P_peak (the date widely cited in news pieces as the most recent peak).
- As of Mar 10, 2025, Reuters/CNBC reported share price and market cap declines from that peak. If a news outlet reports “lost more than half” since Dec 17, 2024, that implies a percent change ≤ −50% using P_peak as the baseline.
Reproduction steps:
- Look up split‑adjusted close on Dec 17, 2024 for TSLA on an exchange data provider.
- Look up close on Mar 10, 2025.
- Apply the percent change formula. If your result ≈ −50%, you reproduce the headline.
Example 2 — Using Reuters’ June 6, 2025 numbers
- Reuters reported that as of Jun 6, 2025 Tesla’s market cap had fallen by $380 billion and was at $917 billion that day. (Source: Reuters, Jun 6, 2025.)
If Reuters used a baseline peak market cap M_peak, then:
- Dollar wipeout = M_peak − $917B = $380B → M_peak ≈ $1.297 trillion.
- Percent wipeout = $380B / $1.297T × 100 ≈ 29.3% (which Reuters explicitly reported for that date).
This arithmetic shows how outlets translate dollar declines into percentages and why wording differs (“$380 billion wiped out” vs. “29.3% decline as of Jun 6, 2025”).
Sources of discrepancies among reports
- Cutoff dates (intraday high vs. previous close vs. end‑of‑day close).
- Whether percent changes refer to YTD, peak‑to‑date, or some rolling window.
- Use of aggregate market‑cap vs. per‑share price (some headlines emphasize one or the other).
- Adjustments for share count changes, convertible securities, or other corporate actions.
Always check the article’s dateline and the quoted source price/date before comparing numbers across articles.
Causes and contributing factors to the decline
News organizations and analysts pointed to a mix of company‑specific and market‑wide drivers for Tesla’s decline in the 2024–2025 window. Below is a factual summary of commonly cited factors, with source attributions.
Demand and sales trends
- Several reports cited softer EV demand and quarter‑to‑quarter vehicle delivery decelerations as a pressure point on Tesla’s re‑rating. (Sources: Reuters, Mar 10, 2025; The Motley Fool, Mar 16, 2025.)
Management and public‑figure effects
- Multiple outlets referenced the reputational and market‑sentiment impact of CEO Elon Musk’s public activities as a contributor to investor caution. (Sources: Reuters, Mar 10, 2025.)
Valuation expectations and product/timing disappointments
- Analysts argued that shifting sentiment on long‑term growth drivers (robotaxi, Optimus, full self‑driving promises) contributed to valuation compression when near‑term fundamentals disappointed. (Sources: Reuters, Mar 10, 2025.)
Macro and market‑wide factors
- Rising interest rates, rotation away from growth/high‑valuation equities, and broader market volatility were cited as amplifiers of Tesla’s decline. (Sources: Reuters, Jun 6, 2025.)
This mix of factors helps explain why the decline was both rapid and broad in its market impact.
Impact of the decline
Market capitalization and investor wealth
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Headlines emphasized the scale of paper losses: Reuters (Jun 6, 2025) reported a $380 billion market‑cap wipeout; Business Insider/Yahoo (Mar 12, 2025) reported a ~48% wipeout from peak to one of the March snapshots. Such market‑cap moves translate into large unrealized losses for shareholders but are realized only when positions are sold.
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As of Aug 4, 2025, Fortune reported substantial declines in Elon Musk’s net worth tied directly to Tesla’s share moves (roughly $80 billion lower as of that article). (Source: Fortune, Aug 4, 2025.)
Analyst coverage, price targets, and investor sentiment
- The sharp moves prompted many analysts to re‑evaluate price targets and models, with some issuing cuts and others highlighting the potential for mean reversion depending on execution. (Sources: JPMorgan notes via Business Insider/Yahoo, Mar 12, 2025.)
Corporate responses and strategic implications
- Company‑level responses included public investor communications and a renewed emphasis on execution of core vehicle operations and cost discipline. Reported product roadmap messages and statements to investors were covered in the March 2025 Reuters analysis. (Source: Reuters, Mar 10, 2025.)
Recovery, subsequent performance and long‑term perspective
Short‑term rebounds vs. long‑term value creation
Tesla’s share price has historically been volatile; short‑term rebounds can occur quickly, while long‑term value creation depends on durable improvements in delivery growth, margins, and new product execution. News snippets (March–June 2025 coverage) showed continued volatility rather than a clean bottoming pattern.
Metrics to track going forward
If you want to monitor whether Tesla is recovering or still in decline, track these quantifiable indicators:
- Quarterly and monthly vehicle deliveries and revenue growth (company disclosures).
- Gross margins and automotive gross profit per vehicle.
- Free cash flow (FCF) and operating cash generation trends.
- Regulatory approvals and progress on autonomous driving or robotaxi projects.
- Institutional ownership trends and major insider activity disclosures.
- Real‑time price and market cap on reputable quote pages (TradingEconomics, Yahoo Finance, CNBC TSLA pages) to reproduce percent/dollar calculations.
When tracking, always time‑stamp the data you use (e.g., closing price on YYYY‑MM‑DD) to avoid inconsistent comparisons.
Methodology and data sources
Primary data sources to measure losses accurately:
- Exchange closing prices (use official exchange data or regulated feeds) — ensure split adjustment.
- Company filings (shares outstanding, quarterly reports) to convert price changes into market‑cap changes.
- Reputable financial news outlets for contemporaneous narratives: Reuters, CNBC, The Motley Fool, Business Insider/Yahoo, Fortune.
- Live quote aggregators and historical price services (TradingEconomics, Yahoo Finance, CNBC TSLA pages) for reproducible close prices.
Recommended verification steps:
- Record the exact time and date of the price you use (close vs intraday).
- Confirm shares outstanding from the same or nearest filings date.
- Apply the formulas in the Quantifying section and note whether the source used intraday high/low or daily close.
Frequently asked clarifications
"Is the reported dollar amount the same as investor losses?"
- No. Reported market‑cap declines measure aggregate unrealized change in equity value. Realized investor losses occur only when investors sell at the lower price. Insider positions, index funds and tax lots affect who experiences realized losses.
"Which figure should I trust?"
- Trust figures that are date‑stamped and that cite whether they use close or intraday prices. For formal analysis, use official exchange closes and company filings for share counts. News outlets are useful for context, but reproduce numbers yourself for precision.
How to reproduce a headline yourself (step‑by‑step)
- Decide the window: YTD, peak‑to‑date, specific dates (e.g., Dec 17, 2024 → Mar 10, 2025).
- Pull split‑adjusted closing prices for the two dates from a reputable data provider.
- Get the shares outstanding reported in the nearest SEC filing to compute market caps: MarketCap = Price × Shares_outstanding.
- Compute percent and dollar changes using the formulas above.
- Compare your computed number to the date‑stamped headline; differences likely stem from intraday vs. close or rounding.
Responsible reading and next steps
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This article documents historical price and market‑cap moves and explains how to compute them; it is not investment advice. Check the dateline of any article you rely on and reproduce calculations with official exchange and filing data.
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To actively monitor market movements, consider using reliable trading and tracking tools. For users seeking a secure, feature‑rich platform to track equities and manage digital wallets, Bitget offers exchange services and the Bitget Wallet for custody and tracking of on‑chain assets. Use date‑stamped market data feeds (e.g., the quote pages mentioned above) when reconciling headline figures.
References (date‑stamped sources used in this article)
- As of Jun 6, 2025, Reuters — "Tesla's $380 billion wipeout marks biggest 2025 loss among top companies." (Reuters, Jun 6, 2025). Report cited a $380B market‑cap decline and a $917B market cap on that date.
- As of Mar 10, 2025, Reuters — "Tesla’s stock defied gravity for years. Is Elon Musk’s EV party over?" (Reuters, Mar 10, 2025). Discussed peak‑to‑trough declines and drivers.
- As of Mar 10, 2025, CNBC — "Tesla shares plunge 15%, suffering steepest drop in five years" (CNBC, Mar 10, 2025). Reported intraday share‑price moves and noted cumulative loss since Dec. 17, 2024.
- As of Mar 10, 2025, USA TODAY / Reuters republish — "Tesla's market cap drops by nearly half: Is Elon Musk’s EV party over?" (USA TODAY/Reuters, Mar 10, 2025). Covered market‑cap declines around Mar 10.
- As of Mar 12, 2025, Yahoo / Business Insider — JPMorgan analyst note about roughly a 48% market‑cap wipeout since the peak (Business Insider / Yahoo, Mar 12, 2025).
- As of Mar 16, 2025, The Motley Fool — "Tesla Stock Has Lost More Than a Third of Its Value in 2025." (The Motley Fool, Mar 16, 2025). Provided YTD perspective for 2025 as of mid‑March.
- As of Aug 4, 2025, Fortune — "Elon Musk just lost $80 billion from his net worth…" (Fortune, Aug 4, 2025). Documented impacts on Musk’s net worth tied to Tesla share moves.
- TradingEconomics — "Tesla | TSLA - Stock Price | Live Quote | Historical Chart" (snapshot service used for live and historical closes).
- Yahoo Finance / CNBC TSLA quote pages — used as examples of live, date‑stamped closing prices and market‑cap snapshots referenced by reporters.
More practical guidance
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If you want a precise calculation for a specific window, I can compute "how much value has Tesla stock lost" for any two dates you specify using verified closing prices and the shares‑outstanding figure from the nearest SEC filing. Tell me which start and end dates you want and I will produce the percent and dollar‑value change with the source data and step‑by‑step math.
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To actively track changes in Tesla’s market cap or price in real time and to trade equities or manage on‑chain assets, consider the Bitget platform and Bitget Wallet for consolidated monitoring and security. Bitget provides market data feeds and wallet tools to help you monitor equity and crypto positions side‑by‑side.
Further reading and tools
- Use official exchange historical close data and the company’s SEC filings for shares outstanding to reproduce market‑cap calculations.
- Consult the date‑stamped news pieces listed in References for narrative context when interpreting headline figures.
Want a custom calculation? Provide two dates (for example: Dec 17, 2024 → Mar 10, 2025) and I will compute exactly how much value Tesla stock lost between them, showing the closing prices, shares outstanding used, and step‑by‑step math with source citations.






















