February 27, 2024

Image for article titled Tesla's bumpy start to 2024 includes recalls, a factory halted—and a huge loss in market cap

Photo: Dado Ruvic (Reuters)

Tesla’s 2024 has kicked off with a bumpy start. In less than two months, the EV-giant has had to issue recalls for millions cars, halted production at a factory, and was dealt a major legal blow.

These roadblocks have resulted in the company’s stock price falling 25% since the start year. As of Friday morning, shares of Tesla are down to about $185 from $282 on Jan. 2.

Here’s a timeline of Tesla’s woes so far in 2024 and how they’ve impacted its market cap.

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