Tesla's value has slumped by $234 billion this year — that's more than McDonald's, Disney, or Nike are worth

• Tesla's market value has tumbled $234 billion this year, or more than McDonald's or Disney are worth.
• Elon Musk's EV maker is close to losing more value than Netflix or Coke's entire market caps.
• Tesla stock has been hit by concerns about EV demand, Musk's distractions, and unfinished projects.

Tesla's market value has plunged by an astounding $234 billion this year — that's considerably more than McDonald's ($212 billion), Disney ($202 billion), and Cisco ($199 billion) are worth.