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USA Stock Exchange Falls – Tesla Continues to Plummet

» Published: March 18 2025 at 15:52

USA Stock Exchange Falls – Tesla Continues to Plummet
Photo: Richard Drew/AP/TT

After two trading days in a row with rising prices, gloom has returned to Wall Street – not least has electric car manufacturer Tesla had a very tough day once again.

After a little over an hour, the Dow Jones industrial index has fallen 0.6 percent, the broad S&P 500 index 1.1 percent, and the technology-heavy Nasdaq composite index 1.8 percent.

Earlier on Tuesday, Tesla's Chinese competitor BYD (Build Your Dreams) released news about fast charging on new models that will be launched on the market in April.

Zeekr, another Chinese competitor, announced news about free updates of a technical system for driver assistance.

The Tesla share has fallen 6.1 percent on Tuesday, and is minus 44.3 percent since the turn of the year.

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By TTThis article has been altered and translated by Sweden Herald

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