Tesla stock slides nearly 5% as China sales and Model Y pricing collide with a tech-led selloff
New York, Feb 4, 2026, 12:52 PM EST — Regular session underway. Tesla shares dropped 4.7% to $402.02 on Wednesday, nearing their session low. Investors weighed new demand data from China and Europe alongside recent price changes for the popular Model Y. The decline is significant since Tesla’s next move hinges on volume and pricing power, not just buzz around…