Tesla Stock Plummets as Delivery Disappointments Dent Investor Confidence

• Tesla shares have fallen 38% this year, wiping out over $400 billion in market value since late 2021 peak • Stock sank 4% on Tuesday to near 12-month low following disappointing delivery numbers and forthcoming weak earnings • Analyst worries investors may "throw in the towel" if cheaper EV model delayed and focus shifts from cars to AI • Tesla at risk of losing title as world's most valuable automaker as gap with Toyota narrows to $170 billion • CEO Elon Musk's net worth down $66 billion this year due to stock slide