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
€390.50
-5.140%
Currently there is a rather positive sentiment for Tesla Inc with 112 Buy predictions and 40 Sell predictions.
As a result the target price of 408 € shows a slightly positive potential of 4.48% compared to the current price of 390.5 € for Tesla Inc.
