Tesla shares' 8.8% decline Friday took away $67 billion in market capitalization from the elecric-car maker, the biggest one-day vanishing of value for the stock since July 24, according to Dow Jones Market Data.

Shares of Tesla Inc. slid 8.78% to $217.80 Friday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index rising 0.33% to 18,342.94 and the Dow Jones Industrial Average rising 0.

Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 9% in the morning session after the 2024 Robotaxi event fell below market expectations. CEO Elon Musk showed up at the event in the much anticipated self-driving Cybercab,

Tesla shares have declined 3% year to date, while Microsoft shares have advanced just 9%. But Wall Street expects the stocks to move in opposite directions over the next year. Among the 58 analysts that follow Microsoft, the median price target is $497.50 per share. That forecast implies 22% upside from its current share price of $409.

Shares of Tesla Inc. slid 3.70% to $240.83 Monday, on what proved to be an all-around poor trading session for the stock market, with the NASDAQ Composite Index falling 1.18% to 17,923.90 and Dow Jones Industrial Average falling 0.

Lower pricing can help sell more cars. There is a catch. Buyers have to purchase Tesla’s highest-level driver assistance software called Full Self Driving for $8,000. Tesla is e