Tesla fans keep buying, unbowed by the $720bn wipeout

The risks to electric-vehicle demand or Elon Musk’s preoccupation with Twitter have not been enough to sour Tesla investors on a stock that became one of Wall Street’s highest fliers during the pandemic

Tesla’s stock has dropped 73% from a record high in November 2021 and plunged 69% this year. Picture: Evan Agostini/Invision/AP

Tesla shares have suffered this year after its CEO Elon Musk bought Twitter, but individual investors’ in the eclectic car company have kept the faith through turbulent times.

Tesla’s stock has dropped 73% from a record high in November 2021 and plunged 69% this year.