Why Tesla Stock Plunged Today
It's an interesting time to be a (NASDAQ: TSLA) shareholder. CEO Elon Musk has stepped away from his leadership role in President Trump's Department of Government Efficiency (DOGE) cost-cutting effort. The timing was presumably good, as Tesla is preparing to launch its robotaxi technology in Austin.
Yet Tesla stock dove 5% this morning. As of 11:40 a.m. ET, shares of the electric vehicle (EV) leader are still lower by 3.2%.
Image source: Tesla.
Source Fool.com
Tesla Inc Stock
€375.50
-2.210%
Currently there is a rather positive sentiment for Tesla Inc with 120 Buy predictions and 47 Sell predictions.
As a result the target price of 400 € shows a slightly positive potential of 6.52% compared to the current price of 375.5 € for Tesla Inc.
