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Tesla Share Price Plummets, Breaking Below Commerce Secretary's Predicted Threshold Amid Brand Crisis
2025-04-07 /
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Author：小编
Tesla's share price continued its downward spiral in pre-market trading on Monday, dipping below the anticipated support level outlined by U.S. Secretary of Commerce Gina Raimondo. Amidst a global sell-off across stock markets, Tesla's share price plummeted to $214.80, marking a decline of over 10%. On March 19, Raimondo had voiced her optimism about Tesla's stock, remarking, "It won't get any cheaper." At the time, Tesla closed at $235.86. The following day, Tesla CEO Elon Musk echoed similar sentiments, urging employees to maintain their holdings in the company's stock.
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