Tesla Inc dropped 14% in a single day yesterday, representing one of its most significant one-day falls in the past few years.

Tesla stock extended declines from earlier in the week as Trump and Musk traded words over the GOP budget bill, which Musk has described as an "abomination."

ISeeCars.com – trackers of used-car sales — says the average price paid for a used Tesla was down 8% to $30,708. The next most significant price drops were Chrysler, off 7% to $25,632, Dodge, off 6% to $33,763, Genesis, off 5% to $33,769, and Maserati, off 5% to $43,821.

Between Tesla ( TSLA 4.50%) failing to meet the deadlines that Elon Musk sets and Musk's decision to split his time at Tesla with various other endeavors, many investors are losing confidence and questioning whether the stock can recover from its plunge in 2025.

Tesla's recent stock decline is driven by sentiment and negative headlines, not core business fundamentals. Find out why TSLA stock is a Buy.

Tesla(NASDAQ: TSLA) stock has tumbled 22% year to date amid a myriad of business and political headwinds, and Wall Street anticipates further declines. The average target price among 55 analysts is $289 per share, which implies 8% downside from the current share price of $316.

Tesla's stock price tumbles 14%, erasing more than $150 billion in the automaker's value, as Elon Musk and President Trump trade barbs.

Tesla ( TSLA 4.50%) stock had a rough week last week, dropping nearly 15%. Shares fell again today with its robotaxi launch in Austin, Texas, coming soon. While the company hasn't confirmed the specific June date for the launch, reports say it could be Thursday, June 12.

Tesla shares fell amid rising political tensions and ongoing concerns over international sales performance. CEO Elon Musk's feud and a proposed bill eliminating EV credits further impacted the stock.