TSLA drawdown: 36.1% below the all-time high
Tesla Inc. (TSLA) is 36.1% below its all-time high, set Dec 16, 2025 (as of market close, Jul 24, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown. "All-time" means since our price data begins (2010).
- Below all-time high
- −36.1%
- 63.9% of ATH
- All-time high
- $489.9
- Dec 16, 2025
- Time below the high
- 7 mo
- since Dec 16, 2025
- Worst-ever drawdown
- −73.6%
- Jan 3, 2023
- Longest underwater
- 3.1 yrs
- between all-time highs
- Today's level first reached
- Oct 25, 2021
- 4.7 yrs ago
- Last time this deep
- Aug 1, 2025
- in a previous episode
% of all-time high since 2010#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater.
% of all-time high on the price basis — the all-time high considers the full history of TSLA, including years before the visible window. Dividends are excluded on this basis (the convention headlines use).
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Nov 4, 2021 | Jan 3, 2023 | −73.6% | 14 mo | Dec 11, 2024 | 3.1 yrs |
| Feb 19, 2020 | Mar 18, 2020 | −60.6% | 28 days | Jun 8, 2020 | 4 mo |
| Dec 17, 2024 | Apr 8, 2025 | −53.8% | 4 mo | Dec 16, 2025 | 12 mo |
| Sep 18, 2017 | Jun 3, 2019 | −53.5% | 1.7 yrs | Dec 18, 2019 | 2.2 yrs |
| Sep 4, 2014 | Feb 10, 2016 | −49.8% | 17 mo | Apr 3, 2017 | 2.6 yrs |
| Nov 24, 2010 | Feb 23, 2011 | −38.5% | 3 mo | Mar 12, 2012 | 16 mo |
| Sep 30, 2013 | Nov 26, 2013 | −37.7% | 57 days | Feb 10, 2014 | 4 mo |
| Jan 26, 2021 | Mar 8, 2021 | −36.2% | 41 days | Oct 21, 2021 | 9 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2010: how far TSLA stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: TSLA is on this chart precisely because it survived — the many stocks that fell this far and never recovered (or were delisted) aren't on anyone's chart, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ
- How far is TSLA from its all-time high?
- TSLA is currently 36.1% below its all-time high, set Dec 16, 2025 (as of market close, Jul 24, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest TSLA drawdown ever?
- The deepest decline on record in our data (since 2010) took the stock 73.6% below its prior high, bottoming Jan 3, 2023. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily closing prices since 2010 (split-adjusted). "All-time" means since our price data begins — TSLA may have traded earlier. For a 150-year index drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year, 150 years of returns and the rolling-returns explorer. Past performance does not predict future returns; not investment advice.