Tesla Stock Drops 5% Amid Slowing EV Sales and Full Self-Driving Concerns

Tesla’s stock dropped 5% on March 17, 2025, after Mizuho reduced its price target by $85. This decline was due to slowing electric vehicle (EV) sales and growing concerns about the “Full Self-Driving” technology, which has faced technical issues. Tesla is also struggling with declining sales in China, weaker global demand, and the negative impact of Elon Musk’s political actions.