TSLA is trading at 3.1% down now at $474.49, pulling back sharply from its recent record close amid broader market pressure and risk-off sentiment in high-multiple tech names.
- The drop follows a record close of $489.88 achieved on December 16, 2025, which capped a powerful rally.
- That rally was driven by optimism around robotaxis, non-auto businesses, and Elon Musk’s new pay package.
- The decline is exacerbated as broader markets, especially the tech-heavy Nasdaq, are also under pressure, suggesting widespread profit-taking.