Market

Tesla Shares Plunge Nearly 10% Amid Global Trade War Turmoil and Market Sell-Off

Tesla Inc. Shares Experience Significant Drop

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

Global Market Sell-Off Impacts Tech Giants

This downturn is part of a broader market sell-off, with tech giants across the board seeing their shares stumble. The Dow Jones has suffered a loss of over 1,700 points, while the Nasdaq 100 dropped by 4.2%.

Current Stock Performance

At 11:37 ET, Tesla's stock was down by 9.77%, trading at $242.4 per share, marking a significant moment in the company's market performance amidst ongoing economic uncertainties.