Tesla shares plunge 15%, suffering steepest drop in five years

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  Tesla shares plunge 15%, steepest drop in five years

  Tesla’s selloff on Wall Street intensified on Monday, with shares of the electric vehicle maker plunging 15%, their worst day on the market since September 2020.
  
  NBC News - Mar. 10

• Fintech stocks plummet as Wall Street worries about consumer spending, credit

  Fintech stocks were some of the biggest decliners on Monday as the Nasdaq suffered its steepest drop since 2022.
  
  CNBC - Mar. 10

• Tesla bounces for second day after steepest drop since 2020

  The electric vehicle company has shed more than 40% in market value since President Donald Trump took office.
  
  CNBC - 6d

• Ron Baron says he won’t sell a single personal Tesla share amid the EV play's big decline

  Billionaire investor Ron Baron is standing by Elon Musk's Tesla amid its dramatic sell-off.
  
  CNBC - Mar. 11

• Stock market falls sharply as investors fret Trump policies

  Stocks continue to slide on Monday, following its worst week since September as president's protectionist policies darken economic view.
  
  CBS News - Mar. 10
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  Global stock markets register heavy falls as White House tries to talk up Trump tariffs

  Dow, S&P 500, Nasdaq and Nikkei all down by at least 2% and Tesla shares fall 15% for worst day since September 2020. Global stock markets have continued to fall amid fears that a wide-ranging ...
  
  The Guardian - Mar. 10
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  Tesla stake is no longer Elon Musk’s most valuable asset amid stock market sell-off

  SpaceX, Musk’s private rockets and satellites business, is now largest asset for the first time in five years. US politics live – latest updates Elon Musk’s vast stake in Tesla is no ...
  
  The Guardian - 14h
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  Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live

  Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...
  
  The Guardian - Mar. 10

• Wall Street stocks slide as sell-off in tech shares picks up pace

  Tesla sinks as investors shift away from riskier holdings
  
  Financial Times - 12h

More from CNBC

• Nvidia announces Blackwell Ultra and Rubin AI chips

  Nvidia’s sales are up more than sixfold since its business was transformed by the release of OpenAI’s ChatGPT in late 2022.
  
  CNBC - 13h

• Trump policies 'promise' an economic downturn, says prominent forecaster in first-ever 'recession watch'

  The UCLA Anderson Forecast, citing substantial changes to the economy from policies of the Trump administration, issued its first-ever "recession watch" on Tuesday.
  
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• China is tackling weak consumption with child care subsidies

  Among the top five priorities China has laid out for boosting consumption is child care subsidies.
  
  CNBC - 2h

• Boeing Starliner astronauts complete return to Earth in SpaceX capsule after extended stay on ISS

  Two NASA astronauts are heading home on a SpaceX ship after about nine months at the International Space Station.
  
  CNBC - 8h

• Bank of England expected to keep rates on hold amid headwinds it can't fully predict or control

  The Bank of England is widely expected to hold interest rates when it meets on Thursday, as the U.K. faces economic headwinds both at home and abroad.
  
  CNBC - 2h

More in Business

• Treasury yields nudge lower ahead of Fed decision

  Bond yields dipped marginally early Wednesday as traders awaited a monetary policy update from the Federal Reserve.
  
  MarketWatch - 4m

• Treasury yields nudge lower ahead of Fed decision

  Bond yields dipped marginally early Wednesday as traders awaited a monetary policy update from the Federal Reserve.
  
  MarketWatch - 4m

• Turkish president’s main rival is arrested. The lira is crashing.

  Investors sold Turkish assets amid fears the detention will destabilize the NATO-member country
  
  MarketWatch - 6m

• Turkish president’s main rival is arrested. The lira is crashing.

  Investors sold Turkish assets amid fears the detention will destabilize the NATO-member country
  
  MarketWatch - 6m

• Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook

  The BOJ's decision comes ahead of the Federal Reserve's policy meeting, where the U.S. central bank is expected to keep its benchmark interest rate steady.
  
  CNBC - 41m