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Why Tesla Stock Is Crashing Today -- It's Not Just Trump's Tariffs
Shares of Tesla (NASDAQ: TSLA) are sliding on Friday. The electric vehicle maker's stock lost 10% as of 1:30 p.m. ET and was down as much as 11.7% earlier in the day. The decline comes as the S&P 500 and Nasdaq Composite both lost more than 5%.As the escalating trade war hammers markets, Tesla received a bearish adjustment from a key analyst who said Tesla has suffered "unprecedented brand damage" due to CEO Elon Musk's involvement in politics.Continue reading
Shares of Tesla (NASDAQ: TSLA) are sliding on Friday. The electric vehicle maker's stock lost 10% as of 1:30 p.m. ET and was down as much as 11.7% earlier in the day. The decline comes as the S&P 500 and Nasdaq Composite both lost more than 5%.
As the escalating trade war hammers markets, Tesla received a bearish adjustment from a key analyst who said Tesla has suffered "unprecedented brand damage" due to CEO Elon Musk's involvement in politics.
