Tesla shares drop 15% due to slowing sales concerns

Tesla shares dropped 15.43% on March 10, 2025, closing at $222.15. This decline marks the largest single-day fall since September 2020, driven by concerns over slowing demand for its electric vehicles. In 2025, Tesla's stock has fallen 45%, losing all gains since the November US elections. The company is struggling in China, with shipments from its Shanghai plant down 49% in February. Sales in Germany also decreased significantly, with registrations falling 70% in early 2025. Analysts have lowered delivery projections for Tesla, anticipating a 16% drop in vehicle deliveries for the first quarter.