Tesla Stock Skids: TSLA Shares Plunge Nearly 8% in Morning Trading
NEW YORK, NY – Shares of electric vehicle giant Tesla Inc. (NASDAQ: TSLA) faced heavy selling pressure during morning trading on April 10th. The widely followed stock was trading significantly lower at 250.80 USD, a sharp decline of 21.40 USD or 7.86% for the session, according to market data timestamped at 11:36 AM GMT-4.
This steep drop puts Tesla’s stock well below its previous closing price of 272.20 USD. The session began with an opening price of 260.00 USD, briefly reaching a high of 262.49 USD before succumbing to a persistent downward trend. The current price hovers near the day’s low of 249.69 USD recorded so far.
The significant pullback comes amid broader market observation of the high-profile automaker’s stock performance, which has seen considerable volatility over the past year, trading between a 52-week low of 138.80 USD and a high of 488.54 USD.
