Tesla, Inc. (TSLA) shares navigated a turbulent session on July 3rd, closing the regular trading day with a fractional loss before seeing a more pronounced dip in after-hours activity. The electric vehicle maker’s stock ended the day at $315.35 USD, a minor decrease of 0.10%, but faced renewed pressure after the closing bell.
The day’s trading was a classic example of market volatility. After opening at $317.99, the stock climbed to an intraday high of $318.45. However, sellers gained the upper hand as the day progressed, pushing the price down to a low of $312.76 before it settled at its closing price, just shy of the previous close of $315.65.
The real story unfolded after the market closed. In after-hours trading, Tesla’s stock fell an additional $2.65 (0.84%) to $312.70. This post-market slide suggests that investor sentiment may be shifting, potentially setting a cautious tone for the next trading session.
A look at the broader picture reveals that the stock is trading squarely between its 52-week high of $488.54 and low of $182.00. Key financial data from the day includes:
-
Market Cap: 98.81KCr (approximately $988 Billion USD)
-
P/E Ratio: 173.57, reflecting continued high growth expectations from investors.
-
Dividend Yield: None, as Tesla continues to reinvest profits into expansion and innovation.
For now, investors and market analysts will be watching closely to see if the after-hours downward pressure carries over or if Tesla shares can find fresh momentum. The day’s performance serves as a reminder of the dynamic and often unpredictable nature of this high-profile stock.
