Why Tesla Stock Is Sinking Today

Shares of Tesla (TSLA -4.84%) are falling on Wednesday. The electric vehicle maker's stock lost 3.8% as of 3:30 p.m. ET and was down as much as 5.4% earlier in the day. The steep decline comes as the S&P 500 and Nasdaq Composite indexes lost 0.6% and 1.3%, respectively.The EV leader is facing new headwinds as international trade tensions escalate into direct action against the company.Canada freezes Tesla rebates in tariff retaliationCanada announced it has frozen $43 million in suspicious EV rebates for Te ...