Elon Musk.
Tesla CEO Elon Musk.
  • Tesla's stock had its worst five-day stretch of 2023 last week.
  • Shares plunged 16% as the EV maker missed its quarterly targets and CEO Elon Musk warned of a potential profitability slowdown.
  • Fellow Big Tech giants Microsoft, Alphabet, Meta, and Amazon are all set to report earnings this week.

Tesla just had its worst week of 2023.

Shares plunged 16% over the five-day stretch ending October 20, as disappointing third-quarter earnings and a disastrous call led by CEO Elon Musk sparked a sell-off.