📈 Tesla Market Cap Plunges Over 50% from December 2024 Peak

Tesla’s market capitalization surged after the 2024 U.S. election, doubling from $780 billion on November 4 to an all-time high of $1.54 trillion by December 17, 2024. However, the stock has since plummeted, shedding 54%—over $830 billion in value—to reach $715 billion by March 7, 2025. The decline accelerated on March 10, 2025, when Tesla’s market cap plunged by $130 billion (15.4%) in a single day.