Tesla stock slides nearly 5% as China sales and Model Y pricing collide with a tech-led selloff
Tesla shares fell 4.7% to $402.02 Wednesday as investors reacted to slowing UK sales and new China demand data. January sales of Tesla’s China-made EVs rose 9.3% year-on-year, but UK battery-electric registrations dropped 57%. The Nasdaq slipped about 1% by late morning.