Tesla is trading at €305.50, down 11.26%, as Democratic midterm gains fuel concerns over increased regulatory scrutiny of Elon Musk’s businesses and slower data-center growth.

  • Investors are weighing potential complications for a Tesla–SpaceX merger alongside a broader sell-off in the technology sector.
  • Tesla’s energy division, which supplies storage systems to data-center operators, adds further exposure to these emerging political and infrastructure risks.