The stock dropped 2.8 percent to $280.74, the lowest level since late May, following a 4.2 percent decline on Tuesday after Mercedes introduced its first fully electric car in Stockholm.
Two months after 13 people were rescued from a Thai cave system, Tesla CEO Elon Musk called one of the rescuers a "child rapist."
The technology, when fully realized, could prove critical to cutting down the cost of launching satellite and cargo into space.
The proposal, which was defeated, would not have affected Musk's standing as Tesla's chief executive officer.
In 2024, the first BFRs will deliver cargo and critical infrastructure supplies to the red planet.
Wall Street reacted on Monday to Tesla abandoning plans to go private.
The decision leaves Tesla as a publicly listed company but raises new questions about its future.
Decreasing investor confidence in Tesla's plan to go private caused the electric car company's shares to drop below $300.
The latest news extended the roller-coaster ride for the electric car-maker's investors in recent days, adding to uncertainty about the future course of the company.
Analysts covering Tesla are debating if Elon Musk's $420-a-share proposal is a fair price for the stock, or the transaction will even materialize.
Musk provided no details of his funding and as of Thursday Tesla's board had not received a financing plan from Musk, leaving investors and the broader market clamoring for more information.
Tesla Inc and Chief Executive Elon Musk were sued twice on Friday by investors who said they fraudulently engineered a scheme to squeeze short-sellers, including through Musk’s proposal to take the electric car company private.
CEO and chairman of Tesla, Elon Musk, made a surprising proposal Tuesday on his Twitter account to take the electric car manufacturer private, at a valuation of roughly $71 billion.
The Securities and Exchange Commission is reportedly evaluating Tesla CEO Elon Musk's tweets about going privat.
Tesla on Wednesday said it may endorse the CEO's plan to take the company private.
Tesla CEO Elon Musk tweeted that Tesla might go private, and Tesla shares skyrocketed.
Elon Musk has revealed that he is looking for video game developers to join his Tesla team.
Tesla shares fell again on Monday after a Wall Street Journal report revealed the company asked suppliers for refunds.
Their self-propelled pod broke the previous speed-record and clocked a top speed of 290 mph on SpaceX's one-mile-long test track in California.
Tesla CEO Elon Musk took to Twitter to dispute an analyst's claim that Tesla buyers are canceling orders en masse.
"The fault is mine and mine alone," Musk said in a tweet.
Tesla CEO Elon Musk had a nightmarish PR weekend, and company shares fell a bit on Monday as a result.
