Tesla stock was among major losers on Friday as overall markets witnessed selling pressure. Investors dumped Tesla stock, dragging it down by 10.4 percent.
Tesla Stock jumped on Friday to 52-week high and the electric automobile major is now valued at $1.22 trillion. The stock jumped 5.34 percent on Friday and closed near record highs.
In response to Tesla's decision to delay plans for a manufacturing plant in Mexico, President Claudia Sheinbaum has announced her government's ambition to create a domestically produced, affordable