Tesla stock price slips as California ‘Autopilot’ ruling and EV rules lawsuit put regulators back in focus
Tesla shares fell 0.9% to $407.44 in early New York trading Thursday, underperforming a 0.4% dip in the Nasdaq-tracking QQQ ETF. California regulators said Tesla avoided a 30-day license suspension after dropping “Autopilot” from its marketing. Investors are watching a federal court hearing on California’s emissions waiver, which could affect Tesla’s regulatory credit revenue.