Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 6.3% in the afternoon session after stocks pulled back (Nasdaq -1.5%, S&P 500 -1.2%) amid fresh concerns about trade tariffs. The pullback followed comments from President Trump clarifying the scope of his administration's 25% tariffs on Venezuela.

As the global auto world reeled from the potential fallout of Trump's new auto tariffs, one name stood out as less affected than others.

It's been another bad week for the EV maker as Chinese rivals ramp up and Cybertrucks face more quality concerns.

During a recent appearance on Fox News, Lutnick lavished praise on Musk, calling him “probably the best person to bet on I’ve ever met.” He claimed Tesla stock is massively undervalued and urged viewers to buy in. “It’ll never be this cheap again,” Lutnick said, adding that people will one day regret not purchasing Musk’s stock.

Tesla’s (TSLA) stock crashed by as much as 4% in pre-market trading on new data coming from China. Let’s dive into what’s happening. Insurance registration numbers were released in China last night, indicating that Tesla sold about 15,300 vehicles in the world’s biggest EV market last week.

Tesla's launch event in Riyadh, scheduled for April 10, will display its EVs and products powered by solar energy.

Tesla (TSLA) is expected to report first-quarter vehicle deliveries below Wall Street's estimates amid pronounced weakness in China and Europe, RBC Capital Markets said in a client note emailed Friday.