Tesla Plunges 7.5%, Breaks $400; SpaceX Merger Rumors Swirl —Buy the Dip?
Tesla (TSLA) plunged 7.49%, falling below $400 as the weakest Mag 7 stock. While Tesla–SpaceX merger speculation offered some support, it failed to offset broad risk-off selling, with Tesla's market cap slipping to $1.48 trillion. Investors are also watching its $4.1 billion shift toward copper alternatives. Is the break below $400 a buying opportunity, or would you wait for a clearer fundamental catalyst?