Tesla Stock Slides Tuesday as Tariffs Take Effect, BofA Drops Price Target
Tesla shares declined sharply in Tuesday’s session as newly implemented tariffs officially came into force, immediately reframing investor expectations around the company’s cost structure and near-term earnings power. The sell-off reflected a rapid reassessment of Tesla’s exposure to higher input costs and cross-border manufacturing frictions, rather than any change in vehicle demand fundamentals. Equity markets … Read more