Why Tesla Stock Is Sliding Before Opening Bell Today

Shanthi Rexaline

April 15, 2024

Shares of electric-vehicle giant Tesla, Inc. (NASDAQ:TSLA) are down in premarket trading on Monday, despite positive major index futures that are firmly in the green.

What Happened: The premarket decline is particularly notable considering the broader market optimism.

Tesla’s pullback coincides with rumors of potential large-scale layoffs. An Electrek report suggests eliminations could reach up to 20% of the workforce, impacting tens of thousands of employees.

The upcoming quarterly results next week might underperform estimates, according to market sentiment following Tesla’s first-quarter delivery miss.

Additionally, the company recently halved the subscription price for its full self-driving software to $99 per month.

In premarket trading, Tesla shares fell 0.61% to $171.05, according to Benzinga Pro data.

See Also: Everything You Need To Know About Tesla Stock

Recommended

The Market Just Crossed a Dangerous Line - Ad

First Drug to Show Breakthrough Myocarditis Data. Analysts See Potential 7-10x Upside. - Ad

Weiss Gold Veteran Makes Shocking New Call - Ad

President Donald Trump has revealed that his administration is actively exploring the possibility of implementing a retirement savings system similar to Australia's in the United States.

Alibaba's New AI App Qwen Becomes One Of Fastest-Growing Globally

Alibaba's Qwen app becomes a major player in the global AI race, with 149% MAU growth and strong stock performance for the Chinese e-commerce giant.

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks - Ad

Futurist Eric Fry say Amazon, Tesla and Nvidia are all on the verge of major disruption. To help protect anyone with money invested in them, he's sharing three exciting stocks to replace them with. He gives away the names and tickers completely free in his brand-new "Sell This, Buy That" broadcast.

Deadly Asian floods are no fluke. They’re a climate warning, scientists say

HANOI, Vietnam (AP) — Southeast Asia is being pummeled by unusually severe floods this year, as late-arriving storms and relentless rains wreak havoc that has caught many places off guard.

Marjorie Taylor Greene Goes Bargain Shopping, Discloses Buying These Two Stocks At 52-Week Lows

Congresswoman Marjorie Taylor Greene disclosed some new stocks recently. Unlike past trades in 2024 and 2025, the latest disclosure is rather unique.

Legally "Skim" $6,361 Into Your Account?

Legally "Skim" $6,361 Into Your Account? - Ad

A former hedge fund manager is now sharing his "Skim Codes" with regular people. They're not stocks. They're not crypto. They're 18-character codes designed to profit from recent market conditions. All you have to do is punch them into an ordinary brokerage account. 84% of these codes have given people the chance to generate cash payouts so far... and his next code is going out any day now.

Nevada governor signs sweeping crime bill as state looks to boost tourism

LAS VEGAS (AP) — Nevada Gov. Joe Lombardo signed his sweeping crime package into law over the weekend that will help revive a unique court program that barred offenders of some crimes from the Las Vegas Strip and will stiffen penalties for smash-and-grab robberies, DUIs, and assault and battery against hospitality workers.

Belgium rejects EU plan to use frozen Russian assets for Ukraine, saying the move is too risky

BRUSSELS (AP) — Belgium on Wednesday rejected to use frozen Russian assets to help prop up Ukraine’s economy and war effort over the next two years, saying that the scheme poses major financial and legal risks.

Trump Signs Law to Launch Dollar 2.0

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Joan Branson, wife of British billionaire Richard Branson, dies at 80

Joan Branson, the wife of British billionaire Richard Branson, has died at age 80.

Trump-Pardoned Ponzi Schemer Faces 37-Year Sentence For $44 Million COVID Scam

A previously convicted Ponzi schemer who had received a pardon from President Trump is heading back to prison due to involvement in a new fraudulent scheme.

The Smart Money Copper Trade

The Smart Money Copper Trade - Ad

Quebec discovery. Strong grades. Roads and hydro in place. Funding secured for a busy drill calendar. Each assay can build scale and tighten the window for early entries as EVs and data centers pull harder on copper. Do not wait.

India's oil imports and other issues will be on the agenda for Putin meeting with Modi

NEW DELHI (AP) — Russian President Vladimir Putin will be in India this week for a summit aimed at deepening economic, defense and energy ties, a visit that will also test New Delhi’s efforts to balance relations with Moscow and Washington as the war in Ukraine grinds on.

Peter Lynch on AI Stocks: 'I Literally Couldn't Pronounce Nvidia Until About Eight Months Ago'

Peter Lynch has stated that he does not hold any artificial intelligence (AI) stocks, despite the sector's recent surge.

The $43B Big Pharma Story is Starting Over-With a New Player

The $43B Big Pharma Story is Starting Over-With a New Player - Ad

Big Pharma once paid $43B for a small biotech with a similar platform. Now, a new company is following that same playbook, leveraging its patented delivery technology to attract partnerships and near-term revenue potential.

Noem Says National Guard Shooting Suspect Was Radicalized In US

DHS Secretary Kristi Noem says that the suspect in the fatal shooting of a National Guard member in Washington was radicalized domestically.

JPMorgan Forecasts Bitcoin Bottom, Anticipates $28.3 Trillion Challenge To Gold By 2026

Analysts at JPMorgan have pinpointed the lowest point of the ongoing Bitcoin (CRYPTO: BTC) price fall and also projected a substantial chall

The Next Biggest Bull Run In Over 50 Years

The Next Biggest Bull Run In Over 50 Years - Ad

Gold has hit all-time highs, breaking $4,000 an ounce - but history shows it could be on the verge of its biggest bull run in over half a century... triggered by a likely major event, eerily similar to what happened in the 1970s. (It's NOT inflation or anything you're likely expecting.) Now, a top analyst says you can capture ALL of the upside without touching a risky miner or a boring exchange-traded fund. He sees extraordinary potential gains long term with very little risk.

Airbus Orders Emergency Recall Of 6,000 A320 Jets After JetBlue Incident, Triggering Global Flight Delays And Holiday Travel Chaos

Airbus SE (OTC: EADSF) ordered immediate repairs to A320-family aircraft on Friday, recalling 6,000 jets after a recent JetBlue incident.

California revokes 17,000 driver's licenses. But the state disputes it is over immigration concerns

California plans to revoke 17,000 commercial driver’s licenses given to immigrants after the Trump administration raised concerns about people in the country illegally receiving licenses to drive a semitruck or a bus. But Gov. Gavin Newsom said that isn't the reason.

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly - Ad

AI, electrification, battery storage, and data centers are pushing copper and silver demand sharply higher, even as supply stays tight. This region in Nevada offers rare multi-metal potential, and a new company has secured land in a district the surging district. It's one of the cleanest timing setups in the sector right now.

Adam Schiff Warns Trump Is Dragging America Toward A Venezuela War, Slams GOP For Treating Congress Like An 'Unnecessary Appendage'

Schiff warns that Trump's approach to Venezuela could lead to conflict and Congress must assert its power before it's too late.

Cathie Wood Bets Big On These Stocks As Bitcoin, Ethereum Crash —Dumps Instagram Rival

On Tuesday, Cathie Wood-led Ark Invest made significant trades, notably increasing its holdings in Bullish (NYSE:BLSH), Coinbase Glo

The Market Just Crossed a Dangerous Line

The Market Just Crossed a Dangerous Line - Ad

The man who predicted the 2008 crash and 2020 says today's soaring markets are NOT a bubble - they're something far stranger and more dangerous. He says it's about to change everything you know about money.

All 14 victims identified from fiery UPS cargo plane crash in Louisville

LOUISVILLE, Ky. (AP) — A grandfather and his young granddaughter. An electrician with two young children. A woman standing in line at a scrap metal business.

OpenAI Takes Equity Stake In Thrive Holdings, AI Giant Will Embed Teams In Joshua Kushner-Led Company To 'Boost' Speed And Accuracy

OpenAI is expanding its enterprise reach by taking a stake in Thrive Holdings to embed AI teams in traditional service firms, while also exploring ad-based revenue in ChatGPT, considering a $6 billion share sale that could lift its valuation to $500 billion, and generating far more revenue than the widely reported $13 billion.

First Drug to Show Breakthrough Myocarditis Data. Analysts See Potential 7-10x Upside.

First Drug to Show Breakthrough Myocarditis Data. Analysts See Potential 7-10x Upside. - Ad

This biotech just delivered a medical first in myocarditis and has a Phase 3 trial fully funded into 2027. Wall Street targets imply massive revaluation ahead.

Jim Cramer Says 'Only A Matter Of Time' Before OpenAI Admits Falling 'Behind' Google Gemini 3 As Sam Altman Reportedly Hits 'Code Red'

CNBC commentator Jim Cramer predicted OpenAI's future in light of the recent advancements in AI technology.

Trump's $2,000 Tariff Dividend Stumbles On Math: Cost Far Exceeds Revenue

Trump's $2,000 tariff rebate plan faces a major math gap, with estimated costs up to $606.8B—far exceeding tariff revenues in 2025 and 2026, says the Tax Foundation.

Weiss Gold Veteran Makes Shocking New Call

Weiss Gold Veteran Makes Shocking New Call - Ad

Weiss expert Sean Brodrick went out on a limb last year and declared a historic event would send the yellow metal to $3,150. People laughed at him at the time, but he was off by just two days. Now, Sean has a shocking new prediction for gold ... and reveals a little-known way to get ahead of this bull market.

Barrick's Breakup Rumors, North America Versus The World

Barrick Mining (NYSE: B) may split into two companies, one focused on North America and another on Africa and Asia.

Weekend Crypto Roundup: Bitcoin's Scarcity, Dogecoin's Resistance, Tether's Rating, Trump's Crypto Ties And Peter Schiff's Warning

From Bitcoin's scarcity debate to Dogecoin's resistance level, the crypto market was buzzing with activity this past week.

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks - Ad

Hillary Clinton Warned 'Exotic' Crypto Could Destabilize Nations: These Countries Took The Worst Reserve Hits In The Bitcoin Meltdown

Former Secretary of State Hillary Clinton didn’t hold a favorable view of cryptocurrencies when she once warned that they could weaken nations.

What's Going On With Home Depot Shares Monday?

Home Depot, Inc. (NYSE:HD) shares are bouncing around Monday ahead of earnings later this week. Here's what you need to know.

Legally "Skim" $6,361 Into Your Account?

Legally "Skim" $6,361 Into Your Account? - Ad

Weekend Round-Up: TSMC Trade Secrets Lawsuit, Google Deepmind Scientist's Market Slam, Baidu Layoffs, Amazon's Court Victory And More

From allegations of trade secret leaks at Taiwan's TSMC to layoffs at Baidu Inc, here's a recap of tech news this week.

Scrapyard workers recount horrific scene after UPS plane crash destroyed their Kentucky business

LOUISVILLE, Ky. (AP) — Supervisor Adam Bowman was loading metal onto a truck at a scrapyard just south of the Louisville, Kentucky, airport when he heard what he first thought was a transformer explosion and quickly realized was more horrific.

Trump Signs Law to Launch Dollar 2.0

Trump Signs Law to Launch Dollar 2.0 - Ad

Latest opioid settlement plan with OxyContin maker Purdue and Sackler family getting few objections

NEW YORK (AP) — Lawyers representing OxyContin maker Purdue Pharma, branches of the Sackler family that own it, cities, states, counties, Native American tribes, people with addiction and others across the U.S. are expected to deliver a nearly unanimous message for a bankruptcy court judge Friday: Approve a plan to settle thousands of opioid-related lawsuits against the company.

Trending Now

OpenAI Panics Amid Gemini's Surge— Sam Altman Pauses Monetization In 'Code Red' Pivot, 3 Years After Google's Search Crisis

How To Earn $500 A Month From Dollar General Stock Ahead Of Q3 Earnings

The Smart Money Copper Trade - Ad

December Social Security Payments Might Come Early — But There's a Catch

Jim Cramer's '10 Stocks To Own For The Future' In 2000 Cost This Redditor A Decade Of Retirement, Says Having To Work 10 More Years Was 'Painful'

The $43B Big Pharma Story is Starting Over-With a New Player - Ad

Trump attacks ABC News correspondent Mary Bruce in angry response to three sharp questions

Officer Injured By January 6 Predicts Trump Will Flee US After 2026 Elections: 'He'll Be Hopping on That Qatari Jet to Saudi Arabia'

The Next Biggest Bull Run In Over 50 Years - Ad

Marvell Technology, CrowdStrike, Boeing, Intel And Pure Storage: Why These 5 Stocks Are On Investors' Radars Today

Scaramucci Says This One US Mistake Helped China Become a Manufacturing Superpower

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly - Ad

Trump commutes prison sentence for former private equity executive David Gentile

Trump Withdraws Support For 'Wacky' Marjorie Taylor Greene In Sudden, Fiery Split: 'I Can't Take...'

The Market Just Crossed a Dangerous Line - Ad

Nokia Secures Multi-Year Pact To Power Telecom Italia's 5G Expansion

Elon Musk Says He Doesn't Buy Stocks, But Thinks Google Will Be 'Pretty Valuable' In The Future And Nvidia's An 'Obvious' One

First Drug to Show Breakthrough Myocarditis Data. Analysts See Potential 7-10x Upside. - Ad

Ukrainian Naval Drones Cripple Two Russian Oil Tankers In Black Sea, Disrupt Moscow's Shadow‑Fleet Operations

Why Falcon's Beyond Stock Is Jumping Today

Weiss Gold Veteran Makes Shocking New Call - Ad

US air travelers without REAL IDs will be charged a $45 fee

Silver Soars To Record Highs: It's Up 95% In 2025, The Best Year Since 1979

Investing Legend Hints the End May Be Near for These 3 Iconic Stocks - Ad

Shaquille O'Neal Says His Naive Pitch Nearly Wrecked His Wealth: 'If I Get Your Million Now, In A Couple Years, It Will Be A Couple Million'

Elon Musk Says Bitcoin Is Based On Energy, The 'True Currency' — Tesla CEO Says His 'Interesting Side Quest' DOGE Is Still Going On

Legally "Skim" $6,361 Into Your Account? - Ad

Mohamed El-Erian Says The Federal Reserve Needs A Reset, Cites Deep Structural Issues — 'This Fed Went To Sleep'

Donald Trump Administration's Unprecedented Investment In Private Firms Raises Eyebrows

Trump Signs Law to Launch Dollar 2.0 - Ad

MSNBC's name is being replaced, but its leaders insist that its mission will remain the same

Warren Buffett Initiates Alphabet Position, Trims Apple In Q3 — Here Are Berkshire's Moves

The Smart Money Copper Trade - Ad

Trump's Approval Rating Hits New Low: Voters Blame Republican Party For Government Shutdown

Hours After Marjorie Taylor Greene's Public Rebuke, Trump Responds With Restraint: 'She's A Nice Person'

The $43B Big Pharma Story is Starting Over-With a New Player - Ad

San Francisco sues nation's top food manufacturers over ultraprocessed foods

Bill Gates' Daughter Phoebe's AI Shopping Assistant Found Collecting Extensive User Data: Report

The Next Biggest Bull Run In Over 50 Years - Ad

A New Take On Bitcoin, Ethereum And IPO Investing? VistaShares' ETF Quartet Suggests So

Buffett's Big Bet Banks Billions: Here's How Much Berkshire Hathaway Is Up On Alphabet

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly - Ad

Peter Schiff Says Bitcoin Buyers Have Only One (Unlikely) Hope To Bail Them Out

Canada's prime minister and Alberta's premier sign pipeline deal that could reverse oil tanker ban

The Market Just Crossed a Dangerous Line - Ad

Why Is Sigma Lithium Stock Gaining Friday?

Trump Asks Sanae Takaichi Not To Provoke China After Japan PM Hinted At Military Action Over Taiwan Invasion

First Drug to Show Breakthrough Myocarditis Data. Analysts See Potential 7-10x Upside. - Ad

Billionaire Cari Tuna on why the organization she started will offer free advice to other donors

Sweden promises action against illegal sex doll sales

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.