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🚨 Tesla $TSLA -7% so far today https://t.co/FRqQbTOMxV
Shares of $TSLA are sinking today, giving back its gains for the week but still outperforming the rest of the megacaps as investors bank on its proposition around full self-driving launches and AI. https://t.co/lDsOfsMn0g
TESLA SHARES DROP 5.8% AFTER HITTING A NEAR SEVEN-WEEK HIGH IN PREVIOUS SESSION
Tesla shares have experienced a significant drop, declining by nearly 7% today after reaching a near seven-week high in the previous session. The shares dropped 5.8% earlier in the day and were down almost 6% at one point. Despite this decline, Tesla's stock continues to outperform other megacap stocks due to investor confidence in its full self-driving technology and AI initiatives.