Tesla Shares Sink Nearly 9% on April 7 Amid Market Rout and Delivery Disappointment
Tesla Stock Snapshot – April 7 Intraday Movement5 Shocking Triggers Behind Tesla’s Steep DropTechnical Picture: Freefall With Weak SupportMarket Sentiment: Fear Over FundamentalsPeer Comparison and Sector ImpactOutlook: High Risk, High ScrutinyTesla’s Momentum Stalls Under PressureAustin, TX – April 7, 2025 – In one of the steepest single-day declines of the year for a mega-cap stock, Tesla Inc. (NASDAQ: TSLA) plunged 8.87% to $218.19 by 9:41 a.m. EST, losing $21.24 from its previous close of $239.43. The move wiped out more than $140 billion in market capitalization, sending shockwaves through both the EV sector and broader Nasdaq.The sell-off comes amid a wave of bearish sentiment in high-growth names, with Tesla leading the decline after underwhelming Q1 delivery data and weak ...