The shares dropped more than 6% to start a new year of trading after the company reported weaker-than-expected fourth-quarter deliveries.

After a monstrous stock rally following November’s presidential election, Tesla (TSLA) reported its first annual decline in electric vehicle delivery, highlighting the growing disconnect between its high-flying stock price and its core automobile business.

Shares of Tesla Inc. slid 6.08% to $379.28 Thursday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.16% to 19,280.79 and Dow Jones Industrial Average falling 0.

Tesla stock took a dive in morning trading on Thursday after the company announced lower figures than expected for deliveries and fourth-quarter production.

Key Takeaways The S&P 500 dropped 0.2% on Thursday, Jan. 2, marking a slow start to a new year of trading.Nuclear energy stocks increased after Constellation Energy announced a deal to provide power to various U.

Tesla stock is sliding to start 2025 following a big fourth quarter delivery miss, and posting an overall down year for the EV-maker.