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Tesla Stock Falls Over 4% Amid Concerns Over Buyers’ Strike and Tariffs

2025-03-05 3,492 Dailymotion

Tesla stock fell over 4% on Tuesday to close at $272.04 as investors reacted to weak Chinese sales, tariffs, and concerns over a buyers’ strike. February U.S. sales rebounded, rising 14% year over year, but Chinese wholesale numbers dropped 49%. Morgan Stanley analyst Adam Jonas downplayed the sales decline, emphasizing Tesla's AI potential, maintaining a Buy rating with a $430 price target. Tesla stock has a 47% Buy rating, lower than the S&P 500 average of 55%.