Shares of the technology company that has borrowed heavily to invest in bitcoin fell more than 3%, after sinking more than 8% on Mond

Shares of Tesla Inc. shed 3.25% to $403.84 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the NASDAQ Composite Index falling 0.90% to 19,310.79 and Dow Jones Industrial Average falling 0.

Tesla stock fell Monday, making it three consecutive days of losses. Investors remain concerned that the Federal Reserve won’t cut interest rates as aggressively as hoped in 2025. Lower rates help boost economic growth—and make buying new cars more affordable.