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Tesla shares crash nearly 15% but traders still make ₹41,500 crore
short by Ashley Paul / on Friday, 24 July, 2026
Tesla's shares crashed nearly 15% in a single day, their worst drop in over a year, after the EV-maker's second-quarter profit missed expectations. As the shares dipped, investors who bet against the stock are set to make $4.3 billion (₹41,500 crore) in one-day mark-to-market profits, Bloomberg reported. Tesla is the Magnificent Seven's most expensive member and also its worst performer.
read more at Moneycontrol