StocksMarket alert

Tesla Slides 11.5% to $341.11, Biggest One‑Day Drop Since July

Tesla (TSLA) fell 11.5% to $341.11, its steepest one‑day decline since July, while the S&P 500 ETF dropped 3.8% and the Nasdaq‑100 ETF fell 6.3% on the same session.

By Tradexus News DeskNov 5, 2026 · 15:53 UTC 2 min read

Make

Tradexus Timespreferred onGoogle

Summarize this story3 key points · 15-second readThe key points in 15 seconds

Tesla shares fell 11.5% to $341.11, the steepest one‑day decline since July.
The drop cut Tesla’s market value to roughly $1.5 trillion and generated 30.9 million shares traded.
The S&P 500 ETF slipped 3.8% and the Nasdaq‑100 ETF fell 6.3% in the same session.

Why it matters: It shows a major cap stock’s sharp loss amid a broadly negative equity market, highlighting heightened volatility for investors.

Summary written with AI from this article.

Tesla Slides 11.5% to $341.11, Biggest One‑Day Drop Since July

Tesla shares declined 11.5% to $341.11, down from the prior close of $385.30, according to Tradexus Data. The move represents the largest one‑day loss for the stock since July, making it the biggest mover among the large‑cap equities Tradexus tracks today.

The price drop reduced Tesla's market capitalization to roughly $1.5 trillion. Trading volume reached 30.9 million shares, indicating heightened activity around the decline.

TeslaTSLAStock · NasdaqGS · In this story

$344.45−10.60% · 1d

5d −13.00%MCap $1.52TVol 41.86M

Open TSLA stock page

US stocks todayAll covered stocks and ETFs, live

In broader market context, the SPDR S&P 500 ETF (SPY) fell 3.8% and the Invesco QQQ Trust (QQQ) slipped 6.3% during the same session, underscoring a broadly negative equity environment.

Market participants may watch subsequent price action around key technical levels and any further volume spikes as the stock seeks to stabilize after its most pronounced intraday move of the year.

This alert was written automatically by the Tradexus News Desk from live market data, with the help of AI.

Newsletter