Tesla stock’s very bad week gets worse after the allegations against Musk; and other bad news

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Published: May 20, 2022 at 1:00 p.m. ET

By Claudia Assis

Tesla loses some $342 billion in market value since mid-April

Tesla Inc. shares closed at their lowest since late July, falling more than 6% on Friday following the allegations of sexual misconduct lobbed against Chief Executive Elon Musk.

Tesla TSLA stock is down for three straight sessions, with losses of more than 12% over that period. Weekly losses reached 14%.

https://www.marketwatch.com/amp/story/tesla-stocks-very-bad-week-gets-worse-after-the-allegations-against-musk-11653066056

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