Tesla Inc.'s shares experienced a significant decline, dropping more than 5% on Thursday, amid concerns over electric vehicle (EV) credits. The drop came after a week where the stock had shown strength, with gains of 2.6% in premarket trading on Wednesday. The broader market was mixed, with the S&P 500 down 0.1% and the Nasdaq 100 down 0.2%, as investors awaited October's Consumer Price Index (CPI) data, expecting a 0.2% rise in headline inflation and a 0.3% increase in core inflation month-over-month. The decline in Tesla's shares was part of a broader sell-off in EV stocks, with Rivian Automotive Inc. also seeing a sharp drop of 10.5%, while Ford Motor Co. shares were down 0.2%.