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TSLA · NASDAQ

Why Is Tesla (TSLA) Stock Down Today?

$403.73 -3.73 (-0.92%)Wed, Oct 28TSLA was down 0.92 percent at 2:39 PM ET on Wed, Oct 28.

Tesla, Inc. (TSLA) fell on Wednesday, October 28, while the broader market rose slightly. No clear company-specific driver has emerged in today's news, so the cause of the move is not clear from the available information.

Price as of Oct 28, 2:39 PM ETAnalysis updated Oct 28, 1:34 PM ETDelayed

New to this? Underlined terms explain themselves — hover or tap any of them.

Why Tesla Stock Is Down Today

  • TSLA fell today while the broader market rose slightly.
  • Today's headlines are general market and sector stories, not Tesla-specific news.
  • No clear company-specific driver has been identified for the move.
  • Tesla's latest reported quarterly EPS was 0.22, for the quarter ending September 30.
  • Recent SEC filings include a 10-Q (Oct 22) and an 8-K material event notice (Oct 21).

Tesla, Inc. (TSLA) moved lower on Wednesday, October 28, while the broader market edged higher. Tesla designs and makes electric vehicles, battery energy storage, and solar products.

The stock is still trading today, so the price you see is a delayed intraday figure, not a final closing price. When a stock falls on a day the overall market rises, investors are usually reacting to something specific to that company, or to its industry, rather than to the whole market.

Here, the news headlines available today are broad stories about tech companies, earnings season, and premarket swings. None of them can be confidently linked to Tesla, so they do not explain this move, and no clear company-specific driver has emerged.

Some background is useful. Tesla's most recent reported quarterly earnings per share was 0.22, for the quarter ending September 30.

Tesla's valuation ratio, the price-to-earnings figure, is very high, which means investors are paying a large amount for each dollar of recent earnings. Stocks with high valuations often move more sharply on changing sentiment, even without a specific news event.

Tesla has also filed recent documents with the SEC. These include a quarterly report (10-Q) filed October 22, a material event report (8-K) filed October 21, and an amended ownership filing (13G/A) filed October 27.

Filings like these are routine disclosures. They do not, on their own, explain why the price moved today.

The key takeaway for a beginner is that a stock move without a clear cause is common. Looking at the company's news, the broader market, and its filings helps you understand the context, but it does not tell you what happens next.

AI-assistedDrafted with AI from the sourced data below, under StockCram’s editorial standards. Explains what happened — never what to do.

TSLA Price History

TSLA closing price, Today: down 1.5%, from $409.79 to $403.73 (range $397.89–$409.79).$409.79$403.84$397.89prev close
9:30 AM2:39 PM
TSLA closing price, 1W: up 5.4%, from $386.47 to $407.46 (range $372.22–$407.46).$407.46$389.84$372.22prev close
Oct 21, 2026Oct 27, 2026
TSLA closing price, 1M: up 14.0%, from $357.45 to $407.46 (range $352.84–$407.46).$407.46$380.15$352.84prev close
Sep 28, 2026Oct 27, 2026
TSLA closing price, 3M: up 31.9%, from $308.85 to $407.46 (range $308.85–$407.46).$407.46$358.15$308.85
Jul 30, 2026Oct 27, 2026
TSLA closing price, 1Y: up 68.7%, from $241.55 to $407.46 (range $237.97–$489.88).$489.88$363.93$237.97
Apr 16, 2025Oct 27, 2026
Performance
1M
+9.50%
3M
+32.53%
YTD
-9.40%
1Y
-9.94%
52-Week Range
Low
$227.50
Today
$403.73
High
$489.88

TSLA is trading about 67% of the way up its 52-week range — in the upper half of its 52-week range. Past performance does not indicate future results.

Chart Built in-house from delayed daily closes. Historical data shown; past performance does not guarantee future results.

Tesla Stock News Today

Marketaux Headlines tagged to TSLA, refreshed through the day. Links open the original publisher.

Recent Tesla SEC Filings

SEC EDGAR Official filings for Tesla, Inc.. Documents link to sec.gov.

Tesla Earnings: Recent Quarters

Quarter endingReported EPSEPSEarnings Per Share. How much profit a company makes per share of stock.Learn more →Surprise
Sep 30, 20260.22—
Jun 30, 20260.32—
Mar 31, 20260.13—
Sep 30, 20250.39—

SEC EDGAR A “beat” means reported earnings came in above analyst estimates; a “miss” below. Historical data only.

Tesla vs. the Market Today

Today TSLA is lagging its benchmarkBenchmarkA standard to compare your investments against, like the S&P 500.Learn more → (SPY +0.20%).

TickerPriceToday
FFord$11.89+1.49%
GMGeneral Motors$81.63+1.35%
LCIDLucid Motors$3.34+0.76%
SPYSPDR S&P 500 ETF$771.20+0.20%
TSLAthis pageTesla$403.73-0.92%
RIVNRivian$11.61-1.82%

Delayed data Comparing TSLA with related tickers and the broader market. Not a recommendation.

Recent Tesla moves

  1. Down

    Tesla, Inc. (TSLA) fell on Wednesday, October 28, while the broader market rose slightly. No clear company-specific driver has emerged in today's news, so the cause of the move is not clear from the available information.

  2. Up

    Tesla (TSLA) rose on Tuesday, October 27. The most-discussed recent headline: "Tech and AI Sectors Surge as Earnings Season Hits High Gear" (thestockmarketwatch.com).

  3. Up

    Tesla (TSLA) rose on Monday, October 26, as a broader rally in tech and AI stocks lifted the market, and it reached a three-month high. No clear Tesla-specific news has been confirmed as the main driver.

  4. Down

    Tesla, Inc. (TSLA) fell on Friday, October 23, while the session was still open. No clear Tesla-specific driver has emerged, and the broader market also moved lower that day.

  5. Down

    Tesla, Inc. (TSLA) fell on Thursday, October 22, after reports said the company cut its planned spending, which raised doubts about its AI ambitions. The broader market also fell, so Tesla was not moving alone.

  6. Up

    Tesla, Inc. (TSLA) rose on Wednesday, October 21, and outpaced the broader market. No single confirmed company event clearly explains the move, though recent headlines describe positive investor sentiment around its earnings.

  7. Up

    Tesla (TSLA) rose on Tuesday, October 20. The most-discussed recent headline: "Tesla (TSLA) Set to Report Q3 Earnings Amid Modest Overvaluation and Strong Guru Interest" (gurufocus.com).

  8. Up

    Tesla, Inc. (TSLA) rose on Monday, October 19, as financial news linked the gain to CEO Elon Musk promoting the Optimus robot ahead of the company's next earnings report. The broader market also rose that day.

  9. Down

    Tesla, Inc. (TSLA) fell on Friday, October 16, while the broader market also declined. No clear company-specific driver has emerged, so the move appears tied mostly to general market weakness.

  10. Down

    Tesla (TSLA) fell on Thursday, October 15, while the broader market rose. No clear company-specific driver has emerged from today's news, so the cause of the move is not clear.

Each entry is the explanation published on that trading day. Past performance doesn’t indicate future results.

Tesla Stock: Common Questions

Tesla was down on Wednesday, October 28 — the live figure is at the top of this page. The page above explains the most likely reasons — recent news, filings, and how the whole market is trading — in plain English. Day-to-day moves are normal and don't tell you whether the long-term story changed.

TSLA was down on Wednesday, October 28, based on delayed market data. The live delayed figure is shown at the top of this page. Past performance doesn't indicate future results.

The latest delayed price for TSLA is shown at the top of this page. Its previous close was $407.46. Prices shown here are delayed and for education only.

Tesla most recently reported for the quarter ending 2026-09-30. Companies typically report about every three months; check the earnings section above for the latest figures.

Tesla on StockCram

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Learn What’s Behind the Move

What is a stock?How the stock market worksInvesting glossaryDaily market analysis

Editorially overseen by Sean Sha, StockCram Editor, who sets the editorial standards these automated summaries follow and audits them for accuracy. StockCram is an educational platform — not a broker-dealer, investment adviser, or financial institution, and is not affiliated with any brokerage or exchange.

Educational purposes only. This content does not constitute investment advice. Read our disclaimer

StockCram is not a broker-dealer, investment adviser, or financial institution. All content is for educational and informational purposes only and should not be construed as personalized investment advice. Consult a qualified financial professional before making investment decisions. Past performance does not guarantee future results.

Data sources

Prices & chart: delayed market data (IEX via Alpaca). News & fundamentals: Alpha Vantage. Filings: SEC EDGAR. The “why moving” summary is AI-drafted from these sources under StockCram’s editorial standards. All data is delayed and for education only; past performance does not indicate future results.