Tesla Shares Drop, Nvidia Slumps, Wayfair Falls on Tariff Concerns
On this episode of Stock Movers:-Tesla (TSLA) shares drop. Tesla's first-quarter vehicle deliveries were far below estimates, confirming "unprecedented brand damage" due to car-buyer backlash against Elon Musk. Tesla's sales plummeted 62% last quarter in Germany, and its stock has slumped since hitting a record high on December 17.-Nvidia (NVDA) shares slump after Thursday’s slump wiped $1.4 trillion in market capitalisation from the Nasdaq 100 Stock Index. Companies like Apple, Nvidia, and Broadcom are particularly affected, as they source hardware components and assembly labor from…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.