Tesla stock slides 3%, on longest losing streak since December

Tesla stock drops 3% as losing streak continues

Tesla Inc.’s stock (TSLA) continued its downward trajectory on Friday, as it dropped another 3%, marking its sixth consecutive losing session. This losing streak is the worst for Tesla since December, when the company experienced a seven-session decline. Despite these recent losses, Tesla’s stock has still managed to outperform the broader market, with a year-to-date gain of 73% compared to the S&P 500’s 14% advance.