CNBC July 24, 2026 • 20:20

Musk's bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight - CNBC

By Lora Kolodny

Musk's bad week: Tesla suffers worst slump since 2022, SpaceX drops ahead of Starship test flight - CNBC

Tesla shares plunged almost 18% this week after the company missed on earnings and turned cash flow negative.

It was a rough week for Elon Musk.
Tesla shares plunged 18% during the week to close at $313.03 on Friday, their worst weekly slump since 2022. And SpaceX's stock continued its downward slide, dropp… [+3147 chars]

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