Why Tesla Stock Is Sinking Today

From Nasdaq: 2025-04-03 14:57:00

Shares of Tesla (NASDAQ: TSLA) are down 5.4% amid a broader market sell-off, now down 33.5% for the year. The Trump administration’s new tariffs have investors concerned about potential challenges for Tesla in an escalating trade war.

Tesla’s recent business performance is lackluster, with first-quarter vehicle deliveries down 13% year over year. The company’s upcoming earnings report will shed light on the importance of its Full Self Driving (FSD) technology and core EV business.

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