Why Tesla's Stock Tumbled After Trump Tariff Orders

Key TakeawaysTesla was the worst-performing Magnificent Seven stock on Monday, falling more than 5%, after President Trump moved to impose stiff tariffs on America's largest trading partners.The automotive industries of the U.S., Canada, and Mexico, are deeply intertwined; Tesla vehicles, despite being assembled in the U.S., contain parts from Canada and Mexico.Some Canadian officials have proposed directing retaliation at President Trump and his allies, including Tesla's CEO Elon Musk and Republican-led st ...