Tesla Inc. investors haven’t had a stretch this bad in a long time.
Shares of Elon Musk’s electric-vehicle giant have dropped 26% this month, wiping out $205 billion in market valuation. The stock is on pace to close lower for the sixth straight week, its longest losing streak since 2016. For perspective, at that point Tesla hadn’t even launched its first mass-market car, the Model 3.
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