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Tesla Has Been Getting Hammered To Start 2014

Jan 7, 2015, 00:58 IST

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The first trading days of 2014 haven't been kind to Tesla.

Since the beginning of the year, the stock is down about 9% and is once again flirting with $200 per share.

In trading on Tuesday, it fell as low as $204 before recovering some ground.

It started the year at $222.

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The 2014 trading high was $291, which Tesla hit in early September.

As you can see from the chart below, this has been a volatile stock over the past six months.

But it's always worth noting that CEO Elon Musk's electric-car startup is up over 1,000% from its 2010 IPO - and has a new SUV, the Model X, coming in late 2015.

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