Tesla (TSLA) Stock: $385 Thursday After Lagging the…
By Tobi Opeyemi Amure
AI summary of the source article
Tesla shares fell 3.34 percent to close at $385.19, lagging a broader market rally. The decline followed election results, as investors priced in potential congressional scrutiny over autonomous driving safety, government contracts, and an exploratory SpaceX merger.
Key facts
- Tesla fell 3.34 percent to close at $385.19 on Wednesday, while the Dow gained 3.00 percent and the S&P 500 rose 1.58 percent.
- Tesla and SpaceX have formed special committees to explore a closer relationship, though no formal agreement exists.
- Tesla vehicle registrations rose 248 percent in Sweden and 131 percent in Norway in October.
Source excerpt · FinanceFeeds
Updated 5 November 2026, 07:00 GMT (before the US open). Tesla (NASDAQ: TSLA) closed at $385.19 on Wednesday, down $13.31 or 3.34 percent, and slipped another 1.01 percent to $381.30 after hours (StockAnalysis). It fell on the day the Dow had its best session in 19 months, up 3.00 percent, and the S&P 500 rose 1.58 percent (Kitco, Investing.com). Investors are pricing the chance that a Democratic…