Tesla, Inc. is trading 4.1% down at $38,300 following reports of operational issues in its robotaxi trials and a sharp pullback in high-valuation technology stocks.

  • Investor sentiment remains weighed down by skepticism over the autonomous driving timeline, despite recently released FSD safety data.
  • Broader macro pressure and a sector-wide risk-off move are further impacting EV names and high-growth equities.