Tesla is trading 11.04% down at ARS 38,360.00, as investors fear Democratic congressional gains could bring greater scrutiny of Elon Musk’s businesses and complicate a potential Tesla–SpaceX merger.
- Bloomberg reported Tesla shares fell as much as 10% after the open; Reuters also described concerns about tighter scrutiny of Musk’s companies.
- Major U.S. indices were down more than 2%, adding pressure.
- No trading volume figures were available.