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Why Shares of Tesla Are Sinking Today
With its robotaxi service debut just around the corner, shares of Tesla (NASDAQ: TSLA) traded nearly 4% lower, as of 11:12 a.m. ET today. There are a few potential reasons for the sell-off.It's been an eventful week for Tesla and CEO Elon Musk, who has been vocal in his opposition against President Trump's "one big beautiful" bill pending in Congress. But I think investors may be more focused on Tesla's upcoming limited robotaxi launch in Austin, Texas, which is reportedly starting next week.Image source: Getty Images.Continue reading
With its robotaxi service debut just around the corner, shares of Tesla (NASDAQ: TSLA) traded nearly 4% lower, as of 11:12 a.m. ET today. There are a few potential reasons for the sell-off.
It's been an eventful week for Tesla and CEO Elon Musk, who has been vocal in his opposition against President Trump's "one big beautiful" bill pending in Congress. But I think investors may be more focused on Tesla's upcoming limited robotaxi launch in Austin, Texas, which is reportedly starting next week.
Image source: Getty Images.
