Why Shares of Tesla Are Sinking Today
With its robotaxi service debut just around the corner, shares of (NASDAQ: TSLA) traded nearly 4% lower, as of 11:12 a.m. ET today. There are a few potential reasons for the sell-off.
It's been an eventful week for Tesla and CEO Elon Musk, who has been vocal in his opposition against President Trump's "one big beautiful" bill pending in Congress. But I think investors may be more focused on Tesla's upcoming limited robotaxi launch in Austin, Texas, which is reportedly starting next week.
Image source: Getty Images.
Source Fool.com
Tesla Inc Stock
€285.50
0.110%
Our community is currently high on Tesla Inc with 105 Buy predictions and 67 Sell predictions.
With a target price of 302 € there is a slightly positive potential of 5.78% for Tesla Inc compared to the current price of 285.5 €.
