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Tesla firms after worst day in 4-1/2 years

ReutersMar 11, 2025 8:45 AM

Tesla TSLA.O firms 2.9% to $228.57 premarket a day after its steepest one-day percentage fall in 4-1/2 years

Stock dropped 15.4% on Monday, losing $125 bln in value amid a broad sell-off and dropping to levels last seen in October 2024

On Monday, Elon Musk told Fox Business he's running his businesses "with great difficulty" while working with Trump administration

U.S. President Donald Trump said he will buy a Tesla to show support for Musk amid recent "Tesla Takedown" protests and stock price slump

TSLA tumbled ~55% from record high hit on its December 18, 2024 and 45% so far in 2025

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