On April 22, Tesla's share price plummeted by nearly 6%, closing at $142.05, amidst analysts' concerns over potential brand image tarnishment. This price point marks a mere $6 above the year's lowest share price. So far this year, Tesla's stock has suffered a dramatic 44% decline, with March witnessing its worst performance since 2022. This is the twelfth instance this year where Tesla's stock has experienced a single-day drop of at least 5%, occurring just ahead of the company's release of its first-quarter earnings report.
