Tesla is trading 10.13% down at $346.18 amid investor concerns that Democratic control of Congress could increase scrutiny of Elon Musk’s businesses, including AI data-center projects.
- Reuters reported shares fell 3.3% on Wednesday amid related concerns; Bloomberg reported a decline of as much as 10% Thursday morning.
- The move comes amid a sharp technology and broader-market selloff, with concerns over AI spending and data-center scrutiny; major U.S. indices were down substantially.