Tesla Inc. shares fell more than 1.5% in early trading Thursday, dipping to $381.62 by 9:48 a.m. EDT on April 23 as investors paused after a strong run and awaited clarity on the company's delayed robotaxi unveiling and slowing electric vehicle demand.
The decline of $5.89, or 1.52%, came amid broader market strength, with the Dow Jones Industrial Average pushing above 49,000. Tesla's move highlighted ongoing volatility in the stock despite its massive year-to-date gains and Elon Musk's ambitious vision for autonomous driving and artificial intelligence.
