21:55 - 25.07.2026

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July 25, Fineko/abc.az. Shares of American electric vehicle manufacturer Tesla plummeted 15.3%, wiping out $214.5 billion in market capitalization within a single trading day — the largest one-day drop in the company's history.

The historic sell-off followed weaker-than-expected second-quarter profitability. Although Tesla achieved record vehicle deliveries and top-line revenue growth, net income fell significantly short of Wall Street forecasts due to aggressive price discounting and surging capital expenditures on AI and robotics initiatives.