Market

Tesla Stocks Plunge Nearly 10% Amid Escalating Trade War Fears and Market Turmoil

Tesla Shares Take a Hit

In a dramatic turn of events, Tesla Inc. shares plummeted almost 10% this Friday, as the escalating trade war chaos continues to wreak havoc on global markets.

Market Sell-Off Impacts Tech Giants

The downturn isn't isolated to Tesla alone. Other tech behemoths are also feeling the pinch, with the ongoing market sell-off dragging the Dow Jones down by over 1,700 points and the Nasdaq 100 by 4.2%.

At 11:37 ET, Tesla's stock was trading at $242.4, marking a 9.77% decline.