Tesla stock experienced a minor drop of 1.4% to $403.13 in early trading on November 18, 2025, as markets broadly declined and investors awaited Nvidia's highly anticipated Q3 earnings report scheduled for November 19[4]. There were no significant company-specific announcements or events for Tesla reported today. The overall market is trading lower, with the S&P 500 down 1.14%, NASDAQ Composite down 1.57%, and Dow Jones down 1.41% as of midday, reflecting increased volatility and cautious sentiment around tech stocks and AI sector valuations. Tesla's price movement today appears to be primarily driven by these broader market factors rather than any direct company developments.