Tesla’s Wild Ride: How a 65% Crash Led to Record-Breaking Gains
Tesla’s stock performance over the past six years has far outpaced the broader stock market today, delivering extraordinary gains for long-term investors. Yet the ride has been volatile, with sharp swings in both directions—including a 37% plunge in early 2025 and a record high just months before.
An investor who bought Tesla stock on November 25, 2022, would have endured a brutal 65% drop that year. But the stock roared back in 2023, surging over 100% and leaving the wider stock market behind. By the end of 2024, Tesla hit an all-time closing high of $479.86 on December 17, capping a remarkable recovery.
Tesla’s performance has rewarded patient investors handsomely, particularly those who weathered the steep declines of 2022. The stock’s dramatic peaks and troughs, however, highlight the risks of short-term exposure. For now, the company’s long-term trajectory remains far ahead of the broader stock market—despite its unpredictable swings.