TESL is trading at $13.75 (-3.08%) as renewed Middle East tensions lifted oil prices, reviving inflation concerns and weighing on consumer discretionary stocks.
- Treasury yields remained elevated as investors braced for key inflation and jobs data later in the week, pressuring growth-oriented shares.
- The broader market was also lower, supporting a macro-driven explanation for TESL’s decline. Tesla Semi production news was a company-specific headline, not the clearest sector-wide driver.