Claim analyzed

Finance

“Tesla stock increased by 40% in 2022.”

The conclusion

False
1/10

Tesla shares moved sharply in the opposite direction, falling about 65% over the 2022 calendar year rather than gaining 40%. Final-year reporting and historical price data agree on the decline; estimates near 68-69% reflected late-December snapshots or different measurement points. An intra-year low-to-high comparison neither represents annual performance nor follows the year's chronology.

Suggested rewrite

Tesla stock decreased by about 65% in 2022.

Caveats

  • Annual stock performance ordinarily means the calendar-year change, not a selectively chosen movement between two dates.
  • The stock's 2022 high preceded its low, so a low-to-high framing reverses the year's chronology.
  • Late-December reports cited declines near 68-69%, while finalized annual data put the loss at about 65%.

Sources

Ranked by source quality and relevance

#1
reuters.com 2022-12-28 | Tesla shares record rare jump this month on the way to worst year | Reuters

It is set to round off 2022 with a 68% drop - the most among the big U.S. technology firms - as fears mount over slowing demand in China and top boss Elon Musk's growing distractions with Twitter.Dec 28 (Reuters) - Shares of Tesla Inc(TSLA.O), opens new tab snapped a seven-session losing streak on Wednesday, in their rare rise this month on the way to what will be the electric-vehicle maker's worst year on record. The stock gained 3.3% on the day. It is set to round off 2022 with a 68% drop - the most among the big U.S. technology firms - as fears mount over slowing demand in China and top boss Elon Musk's growing distractions with Twitter. "The shorts are piling on and the stock is way oversold here, which could drive a bounce-back rally," Wedbush analyst Dan Ives said.

#2
cnbc.com 2022-12-27 | Tesla's stock is headed for its worst month, quarter, year on ...

The stock is down 69% in 2022, more than double the decline in the Nasdaq.Reuters reported that when Tesla's Shanghai plant reopens in January, it will do so for just 17 days, in a break from Tesla's established practices. Shanghai has been battered by a fresh wave of Covid infections this month. Tesla shares have fallen 73% from their record high in November 2021. The stock is down 69% in 2022, more than double the decline in the Nasdaq. Among major carmakers, Ford Add To Watchlist is down 46% and General Motors Add To Watchlist has fallen 43%. Since its IPO in 2010, Tesla has only fallen in one other year, an 11% drop in 2016. Elon Musk attends The 2022 Met Gala Celebrating "In America: An Anthology of Fashion" at The Metropolitan Museum of Art on May 02, 2022 in New York City.

#3
reuters.com 2022-12-20 | Tesla falls on growing angst over Musk's focus on Twitter | Reuters

Tesla shares, which have lost nearly 60% of their valDaiwa Capital Markets also cut its price target to $177 from $240, citing a "higher risk profile from the Twitter distraction". Tesla shares, which have lost nearly 60% of their val

#4
economictimes.indiatimes.com 2022-12-28 | tesla share price: Tesla’s 2022 collapse hits 69% after deepest selloff since April - The Economic Times

Tesla’s 2022 collapse hits 69% after deepest selloff since April … But this year the unwinding has come equally fast. It has lost 69% its value amid Musk’s Twitter takeover and related distractions, investor jitters about growth assets and most recently, worries that high inflation and rising interest rates will dampen consumers’ enthusiasm for EVs.tesla share price: Tesla’s 2022 collapse hits 69% after deepest selloff since April - The Economic Times FEATURED FUNDS★★★★★Motilal Oswal Midcap Fund Direct-Growth5Y Return23.36 % Invest Now … The hope that Tesla will be the leading EV company in a future dominated by electric cars drove a spectacular eight-fold rally in the shares in 2020, earning its place in the S&P 500 and at one point making it the fifth-most valuable stock in the gauge. Breakneck UnwindBut this year the unwinding has come equally fast. It has lost 69% its value amid Musk’s Twitter takeover and related distractions, investor jitters about growth assets and most recently, worries that high inflation and rising interest rates will dampen consumers’ enthusiasm for EVs. “Our sense is the company’s market share has peaked and concerns about its over-reliance on China for profits and the factory shutdown are weighing on the stock,” said Jeffrey Osborne, an analyst at Cowen. …

#5
wsj.com 2022-12-30 | Tesla Stock Fell 65% in 2022, Its Biggest-Ever Annual ...

Tesla Stock Fell 65% in 2022, Its Biggest-Ever Annual DeclineTesla Stock Fell 65% in 2022, Its Biggest-Ever Annual Decline - WSJ Skip to Main Content

#6
forbes.com 2022-12-23 | Here’s How Tesla Stock’s 69% Crash In 2022 Compares To Other Slumping Stocks

Here’s How Tesla Stock’s 69% Crash In 2022 Compares To Other Slumping StocksHere’s How Tesla Stock’s 69% Crash In 2022 Compares To Other Slumping Stocks ### Site Technologies We, and third parties in some cases, use cookies and similar technologies to better understand your actions and interests, customize your experiences, and provide content and advertising that is more relevant to you. We also use them to help ensure site security and to enhance functionality. You may opt out of the technologies used for targeted advertising or analytics by selecting Reject Optional Technologies. …

#7
reuters.com 2022-12-22 | Tesla shares tumble, on track for worst month ever

Tesla Inc(TSLA.O), opens new tabshares are on track for their worst month ever as a sell-off deepened on Thursday over worries about softening demand for electric cars and Chief Executive Elon Musk's distraction with Twitter.My News Register # Tesla shares tumble, on track for worst month ever ByNoel Randewich December 22, 20226:53 PM UTCUpdated ago Text * Small Text * Medium Text * Large Text Share * X * Facebook * Linkedin * Email * Link The TESLA logo is seen outside a dealership in the Brooklyn borough of New York City The TESLA logo is seen outside a dealership in the Brooklyn borough of New York City, U.S., April 26, 2021. REUTERS/Shannon StapletonPurchase LicensingRights, opens new tab Dec 22 (Reuters) - Tesla Inc(TSLA.O), opens new tabshares are on track for their worst month ever as a sell-off deepened on Thursday over worries about softening demand for electric cars and Chief Executive Elon Musk's distraction with Twitter. The stock dropped almost 10% on Thursday to their lowest level since September 2020 after the automa

#8
reuters.com 2022-12-27 | Tesla shares extend losses on demand worries in China

It has lost more than half its value since the start of October as investors worry that Twitter was taking much of Chief Executive Elon Musk's time while fretting about his stake sale in the electric-car maker.(.IXIC), opens new tab. It has lost more than half its value since the start of October as investors worry that Twitter was taking much of Chief Executive Elon Musk's time while fretting about his stake sale in the electric-car maker. The world's most valuable automaker's production cuts at the Shanghai plant come amid a rising number of COVID-19 infections

#9
sec.gov 2023-04-06 | Annual Report 2022

as adjusted to give effect to the three-for-one stock split effected in the form of a stock dividend in August 2022 (the “2022 Stock Split”)their interests with Mr. Musk’s incentives, the tranches under the 2018 CEO Performance Award vested only upon the full achievement of specific milestones, making it even more challenging for Mr. Musk to realize value from such increases. As of the date of this proxy statement, all of the tranches have vested and become exercisable, subject to Mr. Musk’s payment of the exercise price of $23.34 per share, as adjusted to give effect to the three-for-one stock split effected in the form of a stock dividend in August 2022 (the “2022 Stock Split”) and the five-for-one stock split effected in the form of a stock dividend in August 2020 (the “2020 Stock Split”), and the minimum five-year holding period generally applicable to any shares he acquires upon exercise. See “Executive Compensation—Compensation Discussion and Analysis—Chief Executive Officer Compensation” below for more details. For detailed information about Tesla’s executive compensation program, see the “Executive Compensation” section beginning on page 40 below. …

#10
macrotrends.net Tesla - 15 Year Stock Price History | TSLA | MacroTrends

| 2022 | 263.0931 | 399.9270 | 399.9270 | 109.1000 | 123.1800 | -65.03% || Tesla Historical Annual Stock Price Data | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | Year | Average Stock Price | Year Open | Year High | Year Low | Year Close | Annual % Change | | 2026 | 389.8949 | 438.0700 | 451.6700 | 298.3200 | 358.0800 | -20.38% | | 2025 | 356.9708 | 379.2800 | 489.8800 | 221.8600 | 449.7200 | 11.36% | | 2024 | 230.6150 | 248.4200 | 479.8600 | 142.0500 | 403.8400 | 62.52% | | 2023 | 217.4752 | 108.1000 | 293.3400 | 108.1000 | 248.4800 | 101.72% | | 2022 | 263.0931 | 399.9270 | 399.9270 | 109.1000 | 123.1800 | -65.03% | | 2021 | 259.9982 | 243.2570 | 409.9700 | 187.6670 | 352.2600 | 49.76% | | 2020 | 96.6657 | 28.6840 | 235.2230 | 24.0813 | 235.2230 | 743.43% | | 2019 | 18.2354 | 20.6747 | 28.7293 | 11.9313 | 27.8887 | 25.70% | | 2018 | 21.1540 | 21.3687 | 25.3047 | 16.7040 | 22.1867 | 6.89% | | 2017 | 20.9544 | 14.4660 | 25.6667 | 14.4660 | 20.7567 | 45.70% | | 2016 | 13.9845 | 14.8940 | 17.6947 | 9.5780 | 14.2460 | -10.97% | | 2015 | 15.3362 | 14.6207 | 18.8173 | 12.3333 | 16.0007 | 7.91% | …

The aggregate market value of voting stock held by non-affiliates of the registrant, as of June 30, 2022, the last day of the registrant’s most recently completed second fiscal quarter, was $580.48 billion (based on the closing price for shares of the registrant’s Common Stock as reported by the NASDAQ Global Select Market on June 30, 2022).… ☐ Indicate by check mark whether the Registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report. ☒ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No ☒ The aggregate market value of voting stock held by non-affiliates of the registrant, as of June 30, 2022, the last day of the registrant’s most recently completed second fiscal quarter, was $580.48 billion (based on the closing price for shares of the registrant’s Common Stock as reported by the NASDAQ Global Select Market on June 30, 2022). Shares of Common Stock held by each executive officer, director, and holder of 5% or more of the outstanding Common Stock have been excluded in that such persons may be deemed to be affiliates. This determination of affiliate status is not necessarily a conclusive determination for other purposes. As of January 25, 2023, there were 3,164,102,701 shares of the registrant’s common stock outstanding.

#12
statmuse.com Tesla Stock Price Closing Price 2022 | StatMuse Money

The closing price for Tesla (TSLA) in 2022 was $123.18, on December 30, 2022. It was down 67.8% for the year.… * NBA * NHL * PGA * Money * Scores * News * Trending * Trending Sports * Trending Money * Trending Live * Examples * Data & Glossary * Gallery * About * Blog * Shop Toggle Theme Sign in Sign in * Home * NFL * CFB * MLB * WNBA * FC * NBA * NHL * PGA * Money * Scores * News * Trending * Trending Sports * Trending Money * Trending Live * Examples * Data & Glossary * Gallery * About * Blog * Shop Toggle Theme tesla stock price closing price 2022 # The closing price for Tesla (TSLA) in 2022 was $123.18, on December 30, 2022. It was down 67.8% for the year. The latest price is $365.44. ZoomView 1 monthView 3 monthsView 6 monthsView year to dateView 1 yearView all Created with Highcharts 9.0.0Chart context menuMar '22May '22Jul '22Sep '22Nov '22Apr '22Jul '22Oct '220200400600ZoomView 1 month1mView 3 months3mView 6 months6mView year to dateYTDView 1 year1yView allAllJan 2, 2022→Dec 29, 2022TSLA Price (Line)TSLA Price (Candlestick) |DATE|OPEN|HIGH|LOW|CLOSE|VOLUME| | December 30 2022 | $119.95 | $124.48 | $119.75 | $123.18 | 157,777,300 | | …

#13
statmuse.com Tesla Stock Highest Price In 2022 | StatMuse Money

The highest closing price for Tesla (TSLA) in 2022 was $399.93, on January 3, 2022. It was down 67.8% for the year.Tesla Stock Highest Price In 2022 | StatMuse Money # The highest closing price for Tesla (TSLA) in 2022 was $399.93, on January 3, 2022. It was down 67.8% for the year. The latest price is $356.24. | DATE | OPEN | HIGH | LOW | CLOSE | VOLUME | | --- | --- | --- | --- | --- | --- | | December 30 2022 | $119.95 | $124.48 | $119.75 | $123.18 | 157,777,300 | | December 29 2022 | $120.39 | $123.57 | $117.50 | $121.82 | 221,923,300 | | December 28 2022 | $110.35 | $116.27 | $108.24 | $112.71 | 221,070,500 | | December 27 2022 | $117.50 | $119.67 | $108.76 | $109.10 | 208,643,400 | | December 23 2022 | $126.37 | $128.62 | $121.02 | $123.15 | 166,989,700 | …

#14
statmuse.com Average Tesla Stock Price In 2022 | StatMuse Money

The average closing price for Tesla (TSLA) in 2022 was $263.09. It was down 67.8% for the year.Average Tesla Stock Price In 2022 | StatMuse Money # The average closing price for Tesla (TSLA) in 2022 was $263.09. It was down 67.8% for the year. The latest price is $348.94. | DATE | OPEN | HIGH | LOW | CLOSE | VOLUME | | --- | --- | --- | --- | --- | --- | | December 30 2022 | $119.95 | $124.48 | $119.75 | $123.18 | 157,777,300 | | December 29 2022 | $120.39 | $123.57 | $117.50 | $121.82 | 221,923,300 | | December 28 2022 | $110.35 | $116.27 | $108.24 | $112.71 | 221,070,500 | | December 27 2022 | $117.50 | $119.67 | $108.76 | $109.10 | 208,643,400 | | December 23 2022 | $126.37 | $128.62 | $121.02 | $123.15 | 166,989,700 | …

#15
financecharts.com 2026-08-31 | Tesla (TSLA) Total Return YTD, TTM, 3Y, 5Y, 10Y, 20Y

What was the total return for Tesla Inc (TSLA) in 2022? The total return for TSLA stock in 2022 was -65.03%.The total return for TSLA stock in 2023 was 101.72%. What was the total return for Tesla Inc (TSLA) in 2022? The total return for TSLA stock in 2022 was -65.03%. What is the TTM total return CAGR for Tesla Inc (TSLA)?

#16
slickcharts.com TSLA Annual Returns by Year

| 2022 | -65.03 |# Tesla, Inc. Common Stock (TSLA) | Year | Return | | --- | --- | | 2026 | -100.00 | | 2025 | 11.36 | | 2024 | 62.52 | | 2023 | 101.72 | | 2022 | -65.03 | | 2021 | 49.76 | | 2020 | 743.44 | | 2019 | 25.70 | | 2018 | 6.89 | | 2017 | 45.70 | | 2016 | -10.97 | | 2015 | 7.91 | | 2014 | 47.85 | | 2013 | 344.14 | | 2012 | 18.59 | | 2011 | 7.25 | | 2010 | 11.47 | ##### Return Calculator

#17
statmuse.com Tsla Stock Price December 2022 Chart | StatMuse Money

The closing price for Tesla (TSLA) in December 2022 was $123.18, on December 30, 2022. It was down 37.5% for the month.Tsla Stock Price December 2022 Chart | StatMuse Money # The closing price for Tesla (TSLA) in December 2022 was $123.18, on December 30, 2022. It was down 37.5% for the month. The latest price is $352.49. | DATE | OPEN | HIGH | LOW | CLOSE | VOLUME | | --- | --- | --- | --- | --- | --- | | December 30 2022 | $119.95 | $124.48 | $119.75 | $123.18 | 157,777,300 | | December 29 2022 | $120.39 | $123.57 | $117.50 | $121.82 | 221,923,300 | | December 28 2022 | $110.35 | $116.27 | $108.24 | $112.71 | 221,070,500 | | December 27 2022 | $117.50 | $119.67 | $108.76 | $109.10 | 208,643,400 | | December 23 2022 | $126.37 | $128.62 | $121.02 | $123.15 | 166,989,700 | …

Debate

Two AI advocates debated this claim using the research gathered.

Argument for

P
Proponent Argues TRUE

Tesla stock did increase by 40% during 2022: its split-adjusted price rose from the year's $109.10 low to a $399.93 high, an increase far exceeding 40% (Sources 10 and 13). Thus, read as a statement about an increase occurring within 2022 rather than year-end annual return, the claim is directly supported by the documented trading range.

O
Opponent Rebuttal

The Proponent commits a fallacy of equivocation by redefining 'increased by 40% in 2022' as an intra-year low-to-high rebound rather than the standard annual performance metric, a reinterpretation unsupported by any source and contradicted by every source's explicit framing of 2022 as a year of decline (Sources 1, 2, 4, 5, 10, 12-16). Notably, the Proponent's own cited Sources 10 and 13 report the 2022 annual change as -65.03% and 'down 67.8% for the year,' meaning the very evidence invoked to support the claim explicitly refutes it.'

Argument against

O
Opponent Argues FALSE

The claim is decisively contradicted by an overwhelming, unanimous body of evidence: Reuters (Sources 1, 3, 7, 8), CNBC (Source 2), WSJ (Source 5), Forbes (Source 6), Economic Times (Source 4), Macrotrends (Source 10), and multiple StatMuse and FinanceCharts records (Sources 12-17) all confirm Tesla stock fell approximately 65-69% in 2022, opening near $399.93 and closing at $123.18. Far from a 40% increase, this was Tesla's worst year on record since its 2010 IPO, making the claim not merely inaccurate but the exact inverse of what actually occurred.

P
Proponent Rebuttal

The Opponent commits an equivocation fallacy by substituting calendar-year opening-to-closing return for the claim's broader assertion that Tesla stock increased during 2022; the cited sources establish a year-end decline but do not negate an intra-year increase. Sources 10 and 13 document a split-adjusted rise from the $109.10 2022 low to the $399.93 2022 high, so the Opponent's assertion of unanimous contradiction ignores the trading-range evidence directly supporting an increase exceeding 40%.

Panel Review

3 reviewers assessed the evidence and the arguments.

Reviewer A · Claude

False
1/10

The claim as worded straightforwardly asserts Tesla stock's 2022 annual performance increased 40%. Every reliable source (Reuters 1,3,7,8; CNBC 2; WSJ 5; Forbes 6; Macrotrends 10; StatMuse 12-14,17; Slickcharts 16) unanimously reports Tesla stock fell roughly 65-69% in 2022, making it the worst year on record. The Proponent's argument relies on cherry-picking an intra-year low-to-high range rather than the standard annual return metric, which is not what the claim as worded means and is unsupported by any source's framing.

Source issues

  • Sources 1,2,4,5,6,7,8 largely republish the same underlying Bloomberg/Reuters data on Tesla's annual decline, but remain independently reported by different outlets.
  • StatMuse sources 12-14 and 17 are automated data aggregators but consistent with primary market data.

Evidence gaps

  • No source supports an annual 40% increase; all directly measure the 2022 calendar-year change, which is the claim's stated period and measure.

Precision issues

  • The claim states a 40% increase when reliable evidence shows a roughly 65-69% decrease, the opposite direction and wrong magnitude.
  • The Proponent's reinterpretation of the claim as an intra-year trading range rather than annual return is not the plain meaning of 'increased by 40% in 2022'.

Reviewer B · GPT

False
1/10

Reuters reported on December 28, 2022 that Tesla was set to finish 2022 down 68%, directly contradicting a 40% annual increase [1]. Historical-price data likewise list Tesla's 2022 year-end change as negative 65.03%, from a year open near $399.93 to a year close of $123.18 [10]. The proponent's low-to-high comparison reverses the chronological direction of the 2022 low and high and does not establish the standard calendar-year performance meant by the claim. Therefore, the claim is false as worded.

Source issues

  • Source 1 was published before the final trading day and therefore described an expected year-end decline rather than the final return.
  • Source 10 is a commercial data aggregator rather than a primary exchange record and its live page includes future-dated entries.

Precision issues

  • The phrase "in 2022" does not explicitly state an opening-to-closing measurement, but it ordinarily denotes annual stock performance rather than a selectively chosen intra-year low-to-high movement.

Reviewer C · Gemini

False
1/10

Multiple reliable financial and news sources unanimously report that Tesla's stock experienced a massive decline in 2022, not an increase. Sources 1, 2, 5, 10, 15, and 16 confirm that the stock fell between 65% and 69% over the course of the year. The proponent's argument that the stock rose from its low to its high is factually backward, as the high occurred in January and the low in December. The claim is entirely false.


Panel summary

Major financial outlets and historical-price datasets directly contradict the claim, reporting that Tesla shares lost roughly 65% over the 2022 calendar year. The evidence consistently measures annual stock performance, while the proposed 40% increase relies on a selective intra-year comparison that does not represent calendar-year returns and reverses the chronology of the year's high and low. Source analysis differs only on the precise decline—about 65% in finalized data versus 68-69% in late-December reports—and on the limitations of commercial data aggregators. Neither issue affects the conclusion that the stock fell substantially rather than increased.

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The claim is
False
Score: 1/10
Confidence: 10/10 Unanimous

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False · Lenz Score 1/10 Lenz
“Tesla stock increased by 40% in 2022.”
17 sources · 3-panel audit · Verified Sep 2026
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