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WKN DE: A1CX3T / ISIN: US88160R1014

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05.05.2025 20:46:34

Tesla Stock Is Falling Today -- Is This a Buying Opportunity?

Tesla (NASDAQ: TSLA) stock is moving lower following new European sales tracking data. The electric vehicle (EV) company's share price was down 2.5% as of 2 p.m. ET. Meanwhile, the S&P 500 was down 0.2%, and the Nasdaq Composite was down 0.3%.Tesla's valuation is falling today in response to a Reuters report suggesting that the company's sales struggles are continuing in Europe. According to tracking from the Spanish Association of Automobile and Truck Manufacturers, Tesla's sales in that country sank 36% year over year in April after declining 17% across the first four months of the year.This update followed a separate report from Reuters last Friday stating that the company had seen vehicle sales in Europe fall roughly 37% year over year in the first quarter despite a 28% increase for EV sales overall in the market. With today's pullback, Tesla stock is down roughly 31% in 2025. Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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