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Tesla just snapped a losing streak that wiped out nearly $7 billion in investor wealth. 5 striking stats put its plunge into perspective. (TSLA)

Elon Musk

  • Tesla shares on Thursday snapped their longest losing streak in nine months.
  • Nearly $7 billion in investor wealth was erased during the six-day skid.
  • Markets Insider has detailed five figures that place the staggering sell-off into perspective.
  • Watch Tesla trade live.

For six days, Tesla shares appeared in a state of free-fall.

That was before they rose on Thursday, ending a skid that erased nearly $7 billion in market value. It was the stock’s longest losing streak in nine months.

The severe decline came as widely followed Tesla analysts slashed their price targets and earnings estimates at a rapid clip, highlighting read more >>>

Source:: BusinessInsider.Com