5/17, 9:22 PM (Source: TeleTrader)
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Chart for: Tesla, Inc.

Tesla dips 7%, drags Nasdaq down 1%

Shares of the American electric carmaker Tesla plummeted over 7% on Friday as reports emerged that the talks between the United States and China have stalled, dragging the tech-heavy Nasdaq 100 down over 1%. According to reports, scheduling for the next session of talks is ongoing as it remains unclear what exactly Washington and Beijing would negotiate.

Tesla's shares plunged 6.95% at 3:21 pm ET, to go for $212.26, dragging the Nasdaq 100 down 1.0%.

Breaking the News / GG