Tesla Stock Rose 1% in Premarket after Marking 5 Straight Days of Losses.

Tesla stock tried to go higher on Wednesday but couldn ’ t maintain early gains after shares took it on the chinin Tuesday ’ s trading.

Investors are trying to get their bearings while hundreds of billions of market value evaporate. The stock charts can help.

Shares of the electric-vehicle maker closed down about 4% at $290.78.

It was the stock ’ s fifth consecutive drop and lowest close since Nov. 6, the day after the presidential election. Shares lost almost 20% during the streak, catalyzed by weak U.S. and European sales data while CEO Elon Musk spent more time in Washington spearheading the Department of Government Efficiency — DOGE.

On Tuesday, shares dropped 8.4% after Tesla ’ s European sales dropped 45% year over year in January; overall EV sales in Europe rose 37%.