Tesla shares are down 33% YTD. Will they keep falling until they are down 50% YTD?
9
49
240
2025
52%
chance

Tesla were an early mover in the EV market, and their shares rose sharply on a combination of strong sales figures and frankly unbelievable hype until 2021.

At its peak with a share price over $400, Tesla's market cap was well over a trillion dollars - over 10x the market caps of seemingly comparable companies like Mercedes, Porsche and BMW. Even now, their market cap is significantly higher than some of the world's biggest car companies put together - the share price is only justifiable if you think that Tesla will continue to grow until they become the world's biggest car company and then keep on growing!

Tesla's shares have been falling back to Earth this year. Even as the overall stock market has been rising, Tesla shares have fallen by 33% from the start of the year:

https://www.google.com/finance/quote/TSLA:NASDAQ?window=YTD

Will Tesla shares fall further to the point where they are down 50% YTD?

This market will resolve to YES if the Google page shows the share price fall below $124.21, even temporarily (that page is taking the start-of-year price as $248.42). If Google show out-of-hours trading prices, that will not count towards this market.

If trading closes on the last trading day of 2024 and the share price has not gone below $124.21, the market will resolve to NO.

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