Tesla is trading at $381.23 (-4.33%) as election results pointed to Democratic control of Congress, with Bloomberg citing concerns around Musk’s political ties.
- Bloomberg reported Tesla and SpaceX fell in after-hours trading in that context.
- Broad pre-market indices were modestly higher and do not explain the drop.
- October China-made sales rose 10.3% year over year but fell 28.9% month over month; the report did not link those figures to this move.