Reported 1 day ago
Tesla's stock fell by 6% on Monday due to investor worries over President Trump's impending tariffs on foreign autos and concerns about CEO Elon Musk's political connections, which are seen as detrimental to the brand. Even though Tesla may be impacted less than other automakers, analysts predict that rising tariffs could lead to price increases. The company is expected to report lower-than-anticipated vehicle deliveries, further exacerbating investor anxiety.
Source: YAHOO