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Summary
Tesla (TSLA) closed at $375.23 on October 13, 2026, down 0.74%, on volume 51.80% below average.
No fetched report named a single cause; coverage centered on BNP Paribas concerns over spending above $25 billion.
Tesla said its Austin Cybercab fleet passed 300 vehicles, and it reports Q3 results on October 21.
Gotrade News - In today's Tesla stock news, Tesla (TSLA) closed at $375.23 on Tuesday, October 13, 2026, down $2.80 (-0.74%) from the previous close of $378.03. No fetched report pinned the dip on a single company event; the day's coverage centered on an analyst note questioning Tesla's spending of more than $25 billion this year.
TSLA Trading Data
Data
Value
Closing price
$375.23
Change
-$2.80 (-0.74%)
Previous close
$378.03
Open
$372.33
Day range
$371.30 to $377.05
Volume
18.3 million shares
30-day average volume
38.0 million shares
52-week range
$297.38 to $498.83
Market cap
$1.49 trillion
Regular-session close on Tuesday, October 13, 2026, 4:00 p.m. New York time. Stock prices: Yahoo Finance, cross-checked against Nasdaq's official close. Indices, the 10-year Treasury yield and oil (Brent and WTI front-month futures): Yahoo Finance daily closes for the same date.
Tesla opened at $372.33, below the prior close, and moved within a day range of $371.30 to $377.05. It finished $3.93 above the session low, recovering part of the early weakness but staying short of the high, a path that is easy to follow on a stock chart.
Trading was light. Volume reached 18.3 million shares, 51.80% below the average of 38.0 million shares.
The broader market was mostly flat. The Nasdaq Composite slipped 0.15% to 27,204.38, the S&P 500 eased 0.02% to 7,805.45 and the Dow Jones Industrial Average fell 0.35% to 51,670.10, so Tesla lagged the Nasdaq by 0.59 percentage points. Several large tech names rose, including Nvidia (NVDA), up 0.97%, and Microsoft (MSFT), up 0.43%. The US 10-year Treasury yield eased 2.3 basis points to 5.22%.
Tesla now trades 24.78% below its 52-week high of $498.83 and 26.18% above its 52-week low of $297.38, with a market value of $1.49 trillion.
Why Tesla Stock Fell
No fetched source named a company-specific cause for Tuesday's drop, which was small and came on thin volume in a soft Nasdaq session. The most prominent Tesla story of the day was about spending.
As reported by TheStreet, BNP Paribas revised its view on the stock this week over concerns about cash burn, after Tesla said early in 2026 that capital expenditure would rise above $25 billion, including AI investment and converting former Model S and Model X lines to build its Optimus humanoid robot. According to the same report, CFO Vaibhav Taneja said Tesla "will face negative free cash flow impacts for the remainder of the year."
The news flow was not all negative. Per Benzinga, Tesla's official Robotaxi account said over the weekend that its fleet in Austin had reached "300+ Cybercabs," which Tesla described as "an 8x increase in 30 days."
Gotrade is the trading name of Gotrade Securities Inc., which is registered with and supervised by the Labuan Financial Services Authority (LFSA). This content is for educational purposes only and does not constitute financial advice. Always do your own research (DYOR) before investing.
M. Alfathan Rahman is a content writer with over 3 years of experience developing digital content strategies across various industries, including fintech. He has experience producing content for tax-related websites and financial education platforms registered with Kominfo (Indonesia's Ministry of Communication and Informatics). His focus areas include data research, and crafting financial articles that are informative, accurate, and accessible to investors of all experience levels.
Hendrie Saputra holds a Master of Business Administration (MBA) with a concentration in Business Risk & Finance, along with professional experience in finance, marketing, and project management. He is experienced in analyzing market data and developing research-driven business strategies.
