Tesla Stock Tumbles 5% Ahead of Market Open: Key Pre-Market Signals for April 9
Tesla Inc. (NASDAQ: TSLA) saw its shares plummet by 4.90% on April 8, 2025, closing at $221.86 from a previous close of $233.29. As of the early pre-market session on April 9, the stock is down another 0.64%, trading at $220.45.This steep decline comes amid a broader tech selloff triggered by geopolitical uncertainties, rising Treasury yields, and growing pessimism surrounding the electric vehicle (EV) sector's short-term performance.Tesla Technical SnapshotPrevious Close: $233.29Open: $245.00High: $250.44Low: $217.80Market Cap: $69.52 trillionP/E Ratio: 108.85Dividend Yield: NoneWhile Tesla remains a market leader in the EV space, current valuation levels and macroeconomic fears are exerting considerable downward pressure on the stock....