India, March 11 -- Tesla experienced its worst trading day in over four years as its stock plummeted 15% on Monday, extending its steep decline in 2025. The sharp drop comes amid rising concerns on Wall Street about waning demand for the company's electric vehicles. However, CEO Elon Musk remains unfazed, assuring investors that the company's long-term prospects remain strong.

"It will be fine long-term," Musk stated in a post on X (formerly Twitter). Despite his optimism, the decline in Tesla's market value has rattled investors, especially after recent pessimistic analyst projections.

UBS Group AG's Joseph Spak significantly slashed his delivery estimates for Tesla, predicting only 367,000 vehicles sold in the first quarter - a 16% re...