Tesla stock falls toward its first weekly loss in six weeks

Shares of Tesla Inc.

fell 1.9% in morning trading Friday, to put it on track to snap a five-week win streak. The electric vehicle giant’s stock was down 0.3% on the week, after soaring 55.1% over the previous five weeks. If the stock can bounce back to close above $260.54, it would market the longest weekly win streak since the six-week stretch through the week ended Feb. 17, 2023.

fell 1.9% in morning trading Friday, to put it on track to snap a five-week win streak. The electric vehicle giant’s stock was down 0.3% on the week, after soaring 55.1% over the previous five weeks. If the stock can bounce back to close above $260.54, it would market the longest weekly win streak since the six-week stretch through the week ended Feb. 17, 2023.

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