Tesla (TSLA) Tumbles: Stock Plunges Over 8% in Morning Trading, Falls Below $250

AUSTIN, TX – Shares of Tesla Inc (NASDAQ: TSLA) dropped sharply in Tuesday morning trading, reflecting significant selling pressure on the electric vehicle giant. As of 11:46 AM Eastern Time on April 10th, the stock was trading at $249.34.

This price represents a substantial decline of 8.40%, equating to a loss of $22.86 per share for the day so far. The intraday chart clearly shows a steep downward trajectory from the market open, pushing the stock well below its previous closing price of $272.20.

The move below the $250 mark is a key development watched by investors, as Tesla navigates the current market environment. Today’s significant percentage drop places TSLA among the notable decliners on the Nasdaq exchange.