Every TSLA drawdown of 20% or more since April 2012
11 declines, oldest first. Depth is measured on daily closing prices from the prior high. "Back at the high" is the first day the price closed at or above that prior high.
| Peak | Low | Depth | Peak to low | Back at the high | Low to new high | Backdrop |
|---|---|---|---|---|---|---|
| Before April 2012Already 11.9% below its high when our data starts | Aug 2, 2012 | -31.3% | Not shown | Jan 28, 2013 | 179 daysabout 6 months | — |
| Sep 30, 2013 | Nov 26, 2013 | -37.7% | 57 days | Feb 10, 2014 | 76 days | — |
| Mar 4, 2014 | May 8, 2014 | -29.9% | 65 days | Aug 11, 2014 | 95 daysabout 3 months | — |
| Sep 4, 2014 | Feb 10, 2016 | -49.8% | 524 daysabout 17 months | Apr 3, 2017 | 418 daysabout 14 months | — |
| Sep 18, 2017 | Jun 3, 2019 | -53.5% | 623 daysabout 20 months | Dec 18, 2019 | 198 daysabout 7 months | — |
| Feb 19, 2020 | Mar 18, 2020 | -60.6% | 28 days | Jun 8, 2020 | 82 days | COVID-19 selloff |
| Aug 31, 2020 | Sep 8, 2020 | -33.7% | 8 days | Nov 19, 2020 | 72 days | — |
| Jan 26, 2021 | Mar 8, 2021 | -36.2% | 41 days | Oct 21, 2021 | 227 daysabout 7 months | — |
| Nov 4, 2021 | Jan 3, 2023 | -73.6% | 425 daysabout 14 months | Dec 11, 2024 | 708 daysabout 23 months | 2022 rate-hike bear market |
| Dec 17, 2024 | Apr 8, 2025 | -53.8% | 112 daysabout 4 months | Dec 18, 2025 | 254 daysabout 8 months | April 2025 tariff selloff |
| Dec 22, 2025 | Jul 29, 2026 | -39.0% | 219 daysabout 7 months | Not yetas of Oct 30, 2026 | Still open | — |
Our TSLA data runs from Apr 26, 2012 to Oct 30, 2026. Highs set before that date still count, so a decline that was already under way on the first day is shown from its low in our data and marked as such. Days are calendar days. The backdrop column names a period only where both the peak and the low fall inside a very well-known market episode.
What the history shows
- -The deepest decline was 73.6%, from Nov 4, 2021 to a low on Jan 3, 2023.
- -The fastest 20%+ fall took 8 days (33.7%, August 2020 to September 2020).
- -Completed recoveries took a median of 189 days (about 6 months) from trough to a new high, ranging from 72 days to 708 days (about 23 months).
- -The December 2025 to July 2026 decline had not closed back at its prior high as of Oct 30, 2026.
A fall of 20% or more from a high is the usual rule of thumb for a bear market, and single stocks have them far more often than broad indexes. These figures describe what happened to TSLA in the past. They do not predict what comes next and are not advice to buy or sell. Learn more in What Is a Drawdown? and Drawdowns vs Corrections vs Bear Markets.
Frequently Asked Questions
What is Tesla's worst drawdown since April 2012?
The deepest decline in our data, which starts in April 2012, took Tesla 73.6% below its prior high. It peaked on Nov 4, 2021, bottomed on Jan 3, 2023 (425 days (about 14 months) later), and closed back at its prior high on Dec 11, 2024, 708 days (about 23 months) after the trough.
How many times has TSLA fallen 20% or more?
In our data, which runs from April 2012 to Oct 30, 2026, Tesla (TSLA) has had 11 drawdowns of 20% or more, and 10 of them reached 30% or more. That is 11 episodes in about 15 years of data. The first one was already under way when the data starts, so it is counted from the low shown in the table rather than from its original peak.
How long does TSLA take to recover from a 20% drawdown?
Measured from the trough to the first close back at the prior high, Tesla's completed 20%+ drawdowns took a median of 189 days (about 6 months). The quickest was 72 days (August 2020 to September 2020) and the slowest was 708 days (about 23 months) (November 2021 to January 2023). The December 2025 to July 2026 decline had not recovered as of Oct 30, 2026. Past recovery times describe what happened, not what will happen next.
How far is TSLA below its high right now?
As of Oct 30, 2026, Tesla (TSLA) is 18.2% below its high, and has been below it for 278 days. This page is rebuilt from our daily data, and the live figure is on the TSLA ticker page.
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