Tesla's Market Struggle Continues

Shares of Tesla Inc. faced a significant drop, trading 10% below the line this Thursday. This decline reflects growing investor concerns as trade tensions escalate.

Trade Tensions Take Center Stage

During a recent cabinet meeting in the Oval Office, discussions around trade tensions and tariffs dominated the agenda. The White House has clarified that tariffs on Chinese goods have now reached a staggering 145%, following a series of increases.

Impact on Tesla's Stock

By 1:28 pm ET, Tesla's stock had dipped by 10.02%, settling at $245.6980. This marks a continued downward spiral for the electric vehicle giant amidst uncertain trade policies.