Tesla Stock performance on 03102025
Tesla Stock closed down 15.4% on Monday. After the U.S. presidential election in November, Tesla shares surged. However, the stock has declined 54% from its December 17 high of $483.
On March 10, Tesla shares closed at $222.15, significantly below their 50-day moving average of $367.
The company’s stock has taken a massive hit in recent weeks amid protests against CEO Elon Musk over job cuts linked to his prominent role in the Trump administration, as well as slumping sales in Europe.