Shares of Tesla Inc. slid 4.95% to $431.66 Friday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 1.49% to 19,722.03 and Dow Jones Industrial Average falling 0.

Tesla (NASDAQ: TSLA) shares have been soaring since the U.S. election in early November. But as the trading week comes to a close, the stock is on track to have its second consecutive losing day. As of 12:35 p.

Tesla stock declined Friday ahead of the auto maker’s fourth-quarter delivery announcement. Shares of the electric vehicle-maker fell 3.8% to $437.04, extending losses from Thursday, when the stock fell 1.

The stock market heads into the second week of the Santa Claus rally period, including the 2025 New Year and Tesla deliveries.