Tesla Stock Plunges 5.11% as $61.07 Billion in Turnover Propels It to Top U.S. Equity Trading Volume Rank

On October 2, 2025, Tesla (TSLA) closed down 5.11%, marking its most significant decline in recent weeks amid mixed signals from the market. The stock led the U.S. equity market in trading volume, with a record $61.07 billion in turnover, reflecting heightened investor activity despite the downward price movement. The surge in volume suggests a divergence between trading interest and price performance, a dynamic often observed during periods of earnings anticipation or strategic corporate announcements.

Analysts noted that the decline came amid broader sector rotation, with investors recalibrating positions in electric vehicle stocks following mixed guidance from industry peers. While Tesla's production numbers remained robust, market participants appeared to price in near-term challenges related to global supply chain adjustments and regulatory scrutiny in key markets. The session's volatility also coincided with a broader selloff in growth stocks, amplifying Tesla's underperformance relative to the S&P 500.

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