Shares of Tesla Inc. continued their downward spiral to trade 10% below the line on Thursday amid heightened investor concerns, as trade tensions once again topped the agenda during a cabinet meeting held in the Oval Office.
The White House clarified that tariffs on Chinese goods now total 145%, following a 125% hike that builds on the earlier 20% increase announced by United States President Donald Trump. Tesla stock dipped 10.02% at 1:28 pm ET to sell for $245.6980.