Tesla Stock Price Drops, Shares Cap Off Worst Quarter Since 2022
Tesla’s stock price decline continued on Monday amid a flurry of negative headlines, with the shares capping off a historically tough quarter.
The stock on Monday dropped as much as 7% to $243.36 before paring losses. Ultimately, shares ended Monday’s session off the lows, down by about 1.7%. The first three months of the year marked the worst quarter for the company since 2022, falling more than 35% year-to-date.
Here’s what’s moving the stock lower on Monday.
Tesla can’t dodge the full impact of tariffs
President Donald Trump’s tariff deadline looms on Wednesday, and auto tariffs will likely hit Tesla despite early assessments that the company was more insulated from the duties.
The EV maker was viewed as a…
