Tesla shares slide amid market sell-off on recession worries, tariff uncertainty

Tesla shares fell on Monday with the largest decrease for one day in several years amid a large -scale sale in the market amid concerns about a possible stagnation and uncertainty about President Donald Trump’s plans.

Tesla shares decreased by 15.4 % during the trading session on Monday, amid weakness in the manufacture of electric vehicles (EV). This was the largest decrease in the percentage in one day since September 2020, when more than 21 % decreased in one day.

In 2025 until now, Tesla share decreased by 41.4 % on an annual basis, including a decrease of more than 36.6 % last month. Since Tesla reached the largest market value of $ 1.5 trillion on December 17, its shares fell in more than half to the maximum of 696 billion dollars from March 10.

UBS has reduced its expectations for the delivery of the first quarter, which contributed to the sale, along with broader concerns about the American economy facing stagnation and expanding a trade war amid Trump’s threats. The Dow Jones Industrial rate decreased 890.01 points, or 2.08 %, while the Nasdaq and S&P 500 4 % and 2.69 %, respectively.

The stocks stumbled on the recession fears, the uncertainty in the Trump tariff

The Tesla Slide comes at a time when CEO Elon Musk assumed an important consultative role with the Trump administration as the actual leader of the Ministry of Government efficiency, who criticized as distraction from his role at the head of Tesla.

Musk is also the CEO of Aerospace Spacex, and the start of Xai AI and a prolific production poster on X, which is the social media platform he owns.

Tesla remembers more than 376,000 vehicles on the issue of possible energy guidance

Tesla Elusk CEO has greatly focused on his role in the Trump administration in recent months. (Reuters/Mike Blake/File)

Over the past year, Musk described the Tesla axis towards robotakis away from producing the comprehensive size of the “model 2” with a lower price point, about $ 25,000 for consumers. It is currently aimed at operating independent robots in Austin, Texas, by June, with a wider driver’s launch by the end of the year.

The axis helped in its robotics plans to stimulate the 71 % increase in the company’s shares from its lowest level in 2024 in April during the November elections, even with EV sales stopped and profits decreased.

Tesla shares doubled more than twice in the weeks that followed the election of Trump, which helped musk spending more than $ 250 million. The stock has generally turned since Trump took office on January 20.

Child No. 14: Neuralink Shivon Zilis, Elon Musk welcomes the fourth child together

(Justin Sullivan/Getty Emima/File)

The car industry company faces the opposite winds from the Trump administration policies, as the White House opposes a kind of EV tax credits and the subsidies provided by the Biden administration and helped make EVS more expensive for consumers. Musk rejected the effect of missing benefits on Tesla, saying that the change would harm its competitors more.

Regarding the broader economic concerns in the market, Trump refused on Sunday excluding the full recession of the American economy, as Maria Bartopiromo told an exclusive interview “on Sunday morning” that the country will witness a “transitional period” with its policies swimming.

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“I hate prediction of such things,” Trump said of the recession. “There is a period of transition because what we do is very big. We are returning wealth to America. This is a big thing … it takes some time, but I think it should be great for us.”

Matt Kazin and Reuters contributed to Fox Business.