The stock prices of leading tech giants, including Tesla and NVIDIA, dropped sharply as the Magnificent 7 encountered a broad market downturn amid rising economic concerns.
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Market volatility and tech sector sell-offs have dragged Tesla shares (TSLA) lower, erasing post-election gains seen after President Trump's 2024 victory and the stock falling 50% since December.
U.S. stock markets fell again Monday. Investors are increasingly worried about President Trump's tariffs and if they will drive the United States into a recession.