Shares of Tesla ( TSLA -8.63%) are trading lower on Tuesday. The company's stock lost 7.3% as of 10:45 a.m. ET and lost as much as 7.6% earlier in the day. The drop comes as the S&P 500 lost 0.9%, and the Nasdaq Composite lost 1.7%.

U.S. corporations are now viewed abroad as extensions of Trump's American foreign policy, exposing them to backlash. The market damage will get worse yet.

In 2025, Tesla is guiding for deliveries to grow again, but did not specify how quickly. It will likely be below the 50% annual growth previously promised to investors. Track this metric closely to determine how well Tesla's core business is doing in 2025.

China's biggest EV maker BYD this week unveiled a leap into driverless systems with its "God's Eye" system as it continues to rack up market share with less expensive

Meanwhile, Chinese automaker BYD is closing in fast, making the race for the world’s top EV manufacturer tighter than ever. The company has long banked on its ability to innovate through its battery and autonomous driving technology,