another selloff in tesla inc’s stock tsla on tuesday toward a more than twoyear low could drop the electric vehicle maker down to 13th on the list of most valuable sp 500 spx companies the electric vehicle maker’s stock slumped 33 toward a seventhstraight loss in premarket trading with recent trading prices implying a market capitalization of about 37596 billion down from 38888 billion as of friday’s close that would put tesla’s market cap below retailer walmart inc’s wmt  which was at 38772 billion on friday and below banker jpmorgan chase  co’s jpm  which was at 38507 billion tesla now sits just above semiconductor maker nvidia corp nvda  which had a market cap of 37407 billion on friday tesla’s market cap is a far cry from what it was at its peak of about 124 trillion on jan 3 2022 according to factset data which made it one of just a handful of trilliondollar companies