Tesla Falls Nearly 18% This Week, Largest Single-Week Drop Since 2022; SpaceX Declines Over 7%

TSLA-2.03%
SPCX-2.71%
COHR-9.73%
SK Hynix-8.33%
SKHY-8.74%
According to BlockBeats citing BIT market data, Tesla fell over 2% on Friday and declined nearly 18% this week (ended July 25), marking its largest single-week drop since 2022. SpaceX stock continued falling to record lows, declining over 7% for the week. The decline came as the Philadelphia Semiconductor Index fell 4.25%, with semiconductor stocks including SanDisk, Coherent, and SK hynix posting sharp losses.
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