Elon Musk in front of a Tesla
Elon Musk is CEO of Tesla.
  • Tesla's value has fallen nearly $200 billion in just over a month. 
  • The EV-maker's shares have fallen about a fifth since their 2023 peak last month. 
  • "Exploding" Tesla inventories could spell more trouble for Elon Musk's carmaker.

The only way for Tesla stock has been up this year – until last month at least.

Elon Musk's EV-maker had surged about 170% to peak at $291 on July 19, but has since lost about a fifth of its value.