Tesla's Stock Market fell after deal with Hertz Global in October

by Suryaa |

Hertz Global holdings ordered 100,000 electric cars in October which made the Tesla stock market rise to a near-vertical. It Crossed Trillion-dollar-mark. Musk has been offloading some of his stake in the company. The rally wobbled following this. Tesla's market capital is now about $904 billion.

Tsla slid 3.5% on Monday, clossin at $899.94. The stock which peaked on November 4th has gone down by 21% in December. Nikola Corp fell by 7.3%, Rivian Automotive Inc. dropped by 7.9%, Workhouse Group Inc. lowered by 8.9% and Lordstown Motors Corporation by 8.2%.

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