TSLA is trading at $374.38 (-3.0%) as of 3:02 PM EST, moving in line with a sharp broader market decline driven by escalating Iran-US tensions and surging oil prices.
- The NHTSA has intensified its investigation into Tesla's Full Self-Driving system covering 3.2 million vehicles following nine crashes, while investors weigh the capital intensity of the new Terafab semiconductor venture.
- Tesla announced the discontinuation of Model S and X orders in South Korea by March 31, signaling declining sales volume alongside strategic concerns over Supercharger network sharing with competitors.